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Inchcape CEO James Brearley: 'We're in good shape' after car retail restructure am-online.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from am-online.com Daily Mail and Mail on Sunday newspapers.
5 people found this useful Inchcape has continued its plan to move away from car retail with the £70 million sale of its Toyota and Audi dealerships in St. Petersburg, Russia. Now the group has revealed plans to further the strategy in its overseas markets with the disposal of its St. Petersburg Toyota and Audi franchised operations to “local market operator” KlyuchAvto. In a statement issued today, the PLC said: “The transaction is conditional upon final OEM partner and regulatory approvals and is expected to complete in the second-quarter. “In 2020, the disposed operations generated revenue of c£200m and profit before tax (pre-exceptionals) of £12m. Gross assets at the end of 2020 were £77m. ....
Toyota moves mobility services in Europe under Cologne-based KINTO Europe Toyota Motor Europe (TME) has started KINTO Europe GmbH, a limited liability company with headquarters in Cologne, Germany. Toyota Financial Services Corporation (TFSC), Japan, holds 51% of the company’s shares, with the remaining 49% owned by TME. Both TME and TFSC are wholly owned by Toyota Motor Corporation, based in Japan. KINTO Europe is headed by CEO Tom Fux. In addition to hosting Full Service Lease activities, KINTO Europe GmbH will also accommodate other KINTO-branded mobility services developed by Toyota. KINTO Europe will oversee services such as car subscriptions, car sharing, car-pooling and multi-modal solutions, tailored to suit businesses, organizations, cities and private individuals. ....
KINTO Europe formally established to harmonise and accelerate Toyota’s mobility services growth in Europe Summary KINTO Europe officially established in Cologne, Germany; headed by CEO Tom Fux KINTO launched early 2020 as a dedicated mobility brand to show the company’s commitment to achieve its ambition to deliver ‘Ever Better Mobility For All’ Newly established company to regroup all KINTO-branded mobility services under one roof to bring increased customer value and further unlock market potential In parallel, Spain, France, Italy, UK and Germany establish local KINTO organisations Brussels, 6 April 2021 – Toyota Motor Europe (TME) announces it has officially established KINTO Europe GmbH, a limited liability company with headquarters in Cologne, Germany. Toyota Financial Services Corporation (TFSC), Japan will hold 51% of the company’s shares, with the remaining 49% owned by TME. Both TME and TFSC are wholly owned by Toyota Motor Corporation ....
Light Vehicle Leasing Market Growing Popularity & Emerging Trends | Arval, ExpatRide, LeasePlan texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.