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The local car distributor CATS Group Inc., has entered a joint venture with the British-based Inchcape. The latter also acquired a controlling stake in the local company.
The newly-forged joint venture of the Ang family-owned CATS Group of Companies and leading global multi-brand luxury car distributor Inchcape Plc expects to regain market leadership in the luxury car segment in the Philippines in 2024 when global supply chain finally normalizes. Francis Jonathan C
Global automotive distributor, Inchcape, is expanding its APAC distribution footprint by entering the Phillipines market with seven brands. Inchcape is
Inchcape Plc (Inchcape), an independent multi-brand global automotive distributor, has acquired a controlling stake in CATS Group of Companies (CATS), the leading distributor of luxury vehicles in the Philippines. The acquisition also paved the way for a joint venture with Inchcape and CATS. Inchc
A big shake up in the Philippine luxury car segment.