Inchcape Holding Inchcape Russia

2022: Sale of business in Russia to local management for $76 million

In April 2022, it became known that the Inchcape car dealer was leaving Russia - selling the business to local management for 76 million euros with an installment plan of 5 years. The decision was made against the backdrop of a special operation of the Russian Armed Forces in Ukraine.

Inchcape Russia was part of Inchcape PLC, an international group of car sales companies. The activity is represented by a range of services - from the sale of new and used cars and spare parts for them, to the provision of after-sales services, as well as lending and insurance.

The Inchcape group of companies operates in almost 30 countries, representing leading automotive brands (Subaru,, Toyota Lexus, Chrysler, Jeep, Dodge, Peugeot, Smart, Porsche, Kia, Jaguar, Land Rover, Suzuki,, Ford Mazda, VW, etc BMW.). Audi Inchcape Russia (Inchcape Russia) is part of Inchcape International Group of Companies, specializing in the retail sale of new and used cars, spare parts and accessories, as well as in the provision of after-sales services and credit and insurance services. To Moscow Inchcape operates one of the largest retail car companies Russia in Musa Motors, which includes more than a dozen dealerships. St. Petersburg Inchcape operates about a dozen dealerships, providing sales and after-sales services for Toyota, Lexus, Audi and Peugeot cars.