Inchcape results show mixed bounce

Car dealership Inchcape yesterday posted a 0.8 per cent like-for-like decline in revenues to £1.6 billion between 1 January and 11 May.

The group, which operates in 26 developed and emerging markets, said that, as expected, it saw the continuation of an uneven global recovery in the car industry.

Fellow dealership Lookers said its trading so far this year was ahead of budget.