Inchcape win Mercedes MAC

Inchcape PLC
11 June 2002



11 June 2002


Inchcape plc awarded Mercedes Benz UK territory


Inchcape plc, the international automotive services group, today signed an
agreement with Mercedes Benz to represent their brand in Oxford, Stratford upon
Avon, Coventry and Banbury.

In a reorganisation of its UK network, Mercedes Benz has introduced a Market
Area Concept (MAC), whereby a number of selected partners will represent the
brand in 'super' territories up to six times larger than the conventional
dealership territory.

Current sales levels within our designated MAC territory are approximately 2,000
new and used units per annum. Inchcape will invest some £10.0m over the next 12
months in the market area, in addition to its existing investment in Coventry.

Peter Johnson, Group Chief Executive of Inchcape plc, commented: 'This is a
significant investment for Inchcape as we consolidate our position as one of the
premier specialist car retailers in the UK. We are delighted to add Mercedes
Benz to our portfolio of key brands.'




Notes to editors

Inchcape, as an international automotive services group, provides quality
representation for its manufacturer partners, a choice of channels to market and
products for its retail customers and a range of business services for its
corporate customers. Operating primarily in the UK, Greece, Belgium, Australia,
Hong Kong and Singapore, its key partners are Toyota, Subaru, Ferrari, Jaguar
and Land Rover. Inchcape's activities include exclusive Import, Distribution and
Retail, Business Services, automotive E-commerce and Financial Services.



For further enquiries, please contact:

Group Communications, Inchcape plc
020 7546 0022

John Olsen/Tom Leatherbarrow, Hogarth Partnership Limited
020 7357 9477

For further information, visit us at www.inchcape.com



                      This information is provided by RNS
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