Tag: Group 1

Comments Off on Group 1 will more than double in size in Britain with the acquisition of Inchcape’s UK retail division later this year.

Group 1 will more than double in size in Britain with the acquisition of Inchcape’s UK retail division later this year.

Inchcape has revealed it is to sell its UK retail division to US-owned Group 1 for £346 million. The sale is expected to complete during Q3 2024 and involves £100m being returned to Inchcape shareholders through a share buyback programme. Sales plans Inchcape revealed it was considering selling off the UK retail arm earlier this […]

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Comments Off on Group 1 Automotive Buys Robinsons Motor Group

Group 1 Automotive Buys Robinsons Motor Group

US retail giant Group 1 Automotive has bought East Anglia-based Robinsons Motor Group for an undisclosed sum. The deal for the franchised dealer group was completed on 5 July. Robinsons operates 10 new vehicle franchises nine of which are within the Volkswagen Group and the 10th a Citroen dealership. The group’s latest accounts, covering 2019, […]

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