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Inchcape plc (IHCPF)

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10.000.00 (0.00%)
At close: 08:44AM EST
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  • The Telegraph

    Finance boss of car dealership Inchcape steps down after verbal incident

    The finance chief of Inchcape has abruptly quit the car dealership following a verbal incident at a recent company event.

  • Reuters

    UK's Inchcape to sell Russia operations to local management

    The sale will result in an exceptional non-cash loss before tax of about 240 million pounds ($300 million), of which 140 million pounds is due to accumulated foreign exchange translation losses, Inchcape said. The company said the sale of the Russian business — which consists of retail-only operations, mainly for BMW Group, Jaguar Land Rover, Toyota and Volvo in Moscow — for 76 million euros ($79.92 million) is expected to close next month.