Accelerate+ – our strategy for growth
Our Accelerate+ strategy will enhance our position as the world’s leading automotive Distributor, so we can continue to be a brilliant partner for OEMs and deliver exceptional experiences for customers.
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Our goal with Accelerate+ is to capitalise on the differentiated platform we have built, creating a stronger and more diversified Inchcape”
Duncan Tait Group Chief Exectuive
The Accelerate+ Framework
The Accelerate+ framework sets out how we will plan to grow by delivering outstanding results for our stakeholders. We have two growth pillars of Scale and Optimise, supported by our enablers to deliver growth.
We will build Scale in our existing markets and expand our business in new attractive markets and vehicle categories, with our OEM partners.
We will Optimise our Distribution platform, to further enhance our position as a brilliant partner for our OEMs, and deliver an exceptional experience for end customers, through value-added services.
Our success in delivering Accelerate+ will be achieved by a number of important enablers:
- Developing our high-performing culture and capabilities
- Continuing to invest in industry-leading technology capabilities
- Developing even stronger OEM relationships, and
- Executing and integrating further acquisitions
An enhanced approach to Sustainability will underpin our evolved strategic approach.
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Accelerate+ will enable Inchcape to enhance our position as the world’s leading automotive distributor, by scaling & optimising our business to deliver sustainable growth for Inchcape & our pa
Liz Brown Chief Strategy Officer
Scale
Scale enables us to grow our market share in passenger cars in both existing and new markets and deliver growth through extending our distribution capabilities into other vehicle categories like premium motorcycles and light commercial vehicles. We will drive scale in three ways – through organic growth, through winning new OEM contracts, and through acquisitions in attractive markets.
Optimise
The Optimise pillar ensures Inchcape continues to be the most efficient and effective distribution partner for OEMs. It will be driven by the next generation of our Distribution Excellence programme, to ensure we are the most efficient and effective distributor. It also ensures we achieve our goal of delivering the best customer experiences to drive customer satisfaction. This will be achieved through our Value-Added Services offerings.
Our four Enablers
Developing a culture that supports us to attract and retain talent and capabilities we need to deliver Accelerate+. A culture built on fresh thinking and collaboration.
Continuing investment in technological capabilities to stay ahead of the curve so we can deliver outstanding experiences for customers and growth for our OEM partners.
Developing an even deeper understanding of the global OEM landscape so we can continue to develop and provide an outstanding value proposition to our OEM partners.
Ensuring acquisitions take place in-line with a disciplined approach to capital allocation and improving the way we integrate the business we acquire.
Embedding Sustainability into how we work
Our role is supporting a mobility transition that is inclusive and long-lasting, shaping a future where sustainable mobility is available for all and Accelerate+ enhances our approach to this by:
- Applying our global perspective and understanding of local markets, we will deliver insights for the benefits of OEMs, consumers, governments and policymakers
- Enabling a faster transition to new technologies, particularly with New Energy Vehicles, by enhancing how we support OEMs with their own transition plans
- Delivering on our own sustainability targets, to ensure we remain the lowest carbon route to market for OEMs
View our Sustainability Report to learn more about how we are embedding Sustainability across how we work.