Thursday, June 12, 2008
Inchcape outperforming Pendragon in Europe
New research places Inchcape as the region's second biggest group
Inchcape has overtaken Pendragon as the biggest UK dealer group operating in Europe, according to new research.
While Porsche Holding, the manufacturer owned group which operates over 180 continental Volkswagen sites, remains the biggest dealer group by revenue and new car sales.
According to the research, by Automotive News Europe, Inchcape's European revenues for 2007 reached €7.69bn (£6.13bn), up 3 per cent from €6.15bn (£4.9bn) in 2006.
DATED: 12.06.08
FEED: MT
Inchcape has overtaken Pendragon as the biggest UK dealer group operating in Europe, according to new research.
While Porsche Holding, the manufacturer owned group which operates over 180 continental Volkswagen sites, remains the biggest dealer group by revenue and new car sales.
According to the research, by Automotive News Europe, Inchcape's European revenues for 2007 reached €7.69bn (£6.13bn), up 3 per cent from €6.15bn (£4.9bn) in 2006.
DATED: 12.06.08
FEED: MT
