Inchcape

Car distributor Inchcape PLC (LSE:INCH) saw its shares rise 5.7% on the back of a brief trading statement, which included no numbers. After a tough first quarter, where organic sales fell 5%, trading over the first half was described as having seen "consistent overall TIV trends", referring to total industry volumes across its markets, "with limited tariff-related impact so far".» Mehr auf proactiveinvestors.co.uk

Deutsche Bank has lowered its rating on Inchcape PLC (LSE:INCH) from 'buy' to 'hold' and cut its price target from 1000p to 800p, citing a sluggish start to the year for the car dealer and macroeconomic uncertainty across key markets. In a note to clients, analyst David Brockton said first-quarter revenue fell 8% on a reported basis and 5% organically, a steeper decline than the 1% dip seen in the final quarter of 2024.» Mehr auf proactiveinvestors.co.uk

Sales will start in the second quarter of 2025 3 XPENG models will be available for Polish market: the sleek P7 sedan, the popular G9 flagship SUV, and the ultra-smart G6 coupe SUV Each model earned the prestigious Euro NCAP 5-star safety rating Poland represents the largest market for XPENG in Eastern Europe WARSAW, Poland, Feb. 27, 2025 (GLOBE NEWSWIRE) -- XPENG, a leading Chinese born high-tech and automotive company, appoints Inchcape as distributor and strategic partner for Poland. Inchcape, a global leader in automotive distribution, is responsible for the importation and distribution of XPENG-vehicles in Poland.» Mehr auf globenewswire.com