Inchcape Derby Under Water

[simpleR]

I thought churches were built on high land so they stood out.

But anyway, that Derby piece of land has always flooded however the level reached in October was the highest ever recorded.

[Moss]

Nice thought but not really true, that old churches don’t flood. Whilst many churches are on hills, many are not and a quick google shows many recently flooded including my wife’s former 14th century village church, flooded from the Derwent.
I do fully agree that building on flood planes over the last 50 years is not proving sensible and all the up stream flood barriers and defences just send the water faster to the next town..

In the case of Inchcape they knowingly built on land fully expected to flood and on a regular basis. That was crazy..

Yes, you’re right. I think Tewksbury seems to disprove that.
But, we still don’t seem to be able to reconcile that saturated land and an elevated water table means trouble after rains. Flood plains just happened to be nature’s way of addressing cyclical water volumes running from the hinterland to the sea.

[simpleR]

Jaguar Derby Servicing are set to reopen now.

However.
We are thrilled to announce that as of 1st August 2024, Inchcape Jaguar Derby has become part of Group 1 Automotive, a leading global automotive retail company with over 113 locations across the UK.

Our Commitment to You:
On behalf of our entire team, we want to assure you that our dedication to delivering exceptional customer service remains stronger than ever. You will continue to see the friendly faces you know and trust at your local dealership, ready to provide you with personalised care tailored to your needs.

What to Expect:
In the coming weeks, you will start to see our new name and branding in our dealerships and communications. Our new name aligns us with the successful and well-established Group 1 Automotive, a company that upholds core values of Integrity, Transparency, Professionalism, Teamwork and Respect.

As part of Group 1 Automotive our future is exciting, and we’re confident that our customers will reap many benefits, including access to a vastly increased choice of new and used vehicles in Group stock, at exceptional value.

[Moss]

Looks like Inchape have left the building?
Here’s an announcement, made by G1 today:

HOUSTON, Aug. 1, 2024 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI) ("Group 1" or the "Company"), a Fortune 250 automotive retailer with 260 dealerships located in the U.S. and U.K., today announced that the Company has closed on the acquisition of Inchcape Retail ("IR") automotive operations with 54 dealership locations across the U.K. These dealerships are expected to generate $2.7 billion in annual revenues bringing 2024 year-to-date total acquired revenues for Group 1 to $3.8 billion.

"This transformative acquisition effectively doubles our U.K. footprint, giving us access to new markets throughout England with a collection of outstanding brands," said Group 1's President and Chief Executive Officer Daryl Kenningham. "We are delighted to welcome our new team members as we collaborate to deliver an excellent customer experience."

With the acquisition of IR's 54 dealerships, Group 1 has expanded its footprint to key hubs such as the Midlands, the North West of England and Wales, enabling the Company to reach new customers, as well as expand its brand offering in the U.K. The extensive brand portfolio includes Audi, BMW/MINI, Jaguar Land Rover, Lexus, Mercedes-Benz/smart, Porsche, Toyota, Volkswagen and Volkswagen Commercial Vehicles.

Group 1's Senior Vice President and Chief Financial Officer Daniel McHenry added, "Inchcape Retail and its team bring a 50-year reputation to Group 1's U.K. presence. This strategic acquisition is aligned with our capital allocation strategy, which enables us to identify opportunities that create additional scale and value for our shareholders."

[cj10jeeper]

I got the same flyer this morning. The deal was actually struck in April for c£346m, but draw your own conclusions about the negative impact of a virtually destroyed dealership on wider group finances.

Not convinced this benefits customers much by being integrated into a global entity which in the UK spans JLR, BMW, Mini, Ford, Audi, Merc. Skoda, Seat, Toyota, Kia and more..

[Moss]

Completely agree

[Purplecat]

Derby Dealership phoned me a couple of weeks ago wanting to do my service - they got an ear full after last years fiasco. Quoting service to schedule and then charging extra for items that should be on the schedule.

So no thanks - booked in at Stockport although its only a small service this time (Next year the big one)