桃花视频drives into the future with Accelerate+ strategy

• 桃花视频unveils evolved, Accelerate+ strategic approach, to charge growth to 2030
• Hosts latest 鈥業n the Driving Seat鈥� investor seminar which includes deep dive on APAC

Our Accelerate+ strategy

Today marks an exciting milestone for 桃花视频as it unveils Accelerate+, an evolution of its strategic approach, setting out a clear framework to drive growth over the medium to long term.

Building on the achievements and strong foundation of Inchcape鈥檚 original Accelerate strategy launched in 2021, this refreshed strategic approach reflects Inchcape鈥檚 ambition to enhance its position as the world鈥檚 leading automotive Distributor.

The automotive industry has transformed considerably since 2021. Competition amongst OEMs has intensified, technology has advanced, consumer preferences have changed, and OEM demands for greater efficiencies have increased. Against this fast-changing backdrop, Inchcape鈥檚 Accelerate+ strategy seeks to establish a stronger Inchcape, working across more markets with more OEMs. It will position the business to seize new growth opportunities and drive towards a target of 10% market share in our markets, to deliver enhanced value for our partners.

Accelerate+ is underpinned by two strategic growth pillars 鈥� Scale and Optimise. The Scale pillar aims to grow Inchcape鈥檚 market share in passenger cars in both existing and new markets and seeks to expand Inchcape鈥檚 partnerships with OEMs into emerging vehicle categories, such as light commercial vehicles and premium motorcycles. Improving Inchcape鈥檚 operational efficiency is also key to this strategy and the Optimise pillar seeks to leverage technology and use data-driven insights to ensure 桃花视频continues to be the most efficient and effective distribution partner for OEMs.

More information on Accelerate+ can be found on page.

In the Driving Seat seminar 鈥� APAC deep dive

Alongside this strategy update, 桃花视频will host its latest 鈥業n the Driving Seat鈥� investor seminar, which includes a deep dive into the exciting growth dynamics in the APAC region.聽 桃花视频has made significant progress expanding our business across APAC, developing a diversified and scaled business with compelling growth prospects. APAC is a region with strong upside potential, linked to high GDP growth, population growth and low vehicle ownership rates. Inchcape鈥檚 momentum is expected to continue with the launch of its evolved Accelerate+ strategic approach that will drive profitable growth and market share across the region over the medium to long term.

for the In the Driving Seat webinar

Duncan Tait, Group Chief Executive, commented:

鈥�We are excited to launch our evolved Accelerate+ strategic approach that will drive 桃花视频into the future. Our goal with Accelerate+ is to capitalise on the differentiated platform we have built, establishing a stronger and more diversified Inchcape, in more markets with more OEMs, generating sustainable, profitable growth and value.聽

鈥淚t effectively positions us to navigate what is a fast-moving automotive backdrop and build a business that generates growth for all our stakeholders.

鈥淚 look forward to sharing more about this evolved strategy during our 鈥業n the Driving Seat鈥� seminar this afternoon, as well as highlighting Inchcape鈥檚 excellent momentum and opportunities for growth in the APAC region.鈥�