Monday, January 15, 2007
Inchcape completes St Petersburg deal
Inchcape has completed its acquisition of the Axel Car dealership in St Petersburg, Russia.
The global dealer group has acquired a 75.1 per cent stake in the Toyota and Lexus site after identifying Russia as one of its key markets for expansion.
Inchcape has also announced plans to enter the Moscow market - two Toyota dealerships are under construction and due to open in the second half of the year.
DATED: 15.01.07
FEED: MT
The global dealer group has acquired a 75.1 per cent stake in the Toyota and Lexus site after identifying Russia as one of its key markets for expansion.
Inchcape has also announced plans to enter the Moscow market - two Toyota dealerships are under construction and due to open in the second half of the year.
DATED: 15.01.07
FEED: MT
