Inchcape Americas was established in 1994, initially distributing BMW vehicles and parts in Chile and Peru. Since then, the business has expanded significantly, catalyzed by the acquisition of Indumotora in 2016, which provided a platform for growth in the region.
Now distributes vehicles and parts in 10 markets in South and Central America, for a much larger portfolio of OEMs: BMW, Mercedes-Benz and Daimler, Subaru, Suzuki, DFSK, Jaguar, Land Rover, Geely and various commercial vehicle partners .
The Americas is one of the Group’s fastest growing regions. This is due in part to current low motorization rates (number of vehicles per capita), which are expected to rise sharply as economies continue to prosper. According to IHS, new car volumes in the Americas are forecast to grow 6% annually by 2026 (vs. 4% annually worldwide).
In addition, the business has a strong track record of growth by acquisition, and given the highly fragmented nature of the industry (hundreds of independent and family-owned distributors), the expectation is for continued inorganic growth.
The company is headquartered in Santiago de Chile and employs some 3,000 people throughout the region.
Inchcape Africa is subsidiary of the Inchcape PLC, UK based global leader in automotive distribution and retail, operating in more than 40 international markets as a strategic partner for world-leading premium and luxury brands.
In Africa, Inchcape is present in 3 countries, namely Ethiopia, Kenya and Djibouti, with a bold ambition to expand further in the continent developing our relationship with 18 represented brands, more than 14 operating sites and nearly 1,200 employees. The core purpose of our business is to be the world’s most trusted automotive dealer and retailer and we have a clear strategy to achieve this.