INCHCAPE, a London-headquartered multinational automotive distributor, retailer, and service provider, recently announced its appointment by Changan International Corporation as distributor of the latter’s vehicles in the Philippines. The distributorship will be operated by Inchcape Philippines, a joint venture between Inchcape and the CATS Group of Companies.
“This partnership will leverage the strengths of both parties, including Changan’s advanced research and development capability, competitive products, superior services and supply chain, and Inchcape’s local market insight, rich experience of distribution and retailing, and advanced digital capabilities in delivering excellent customer experiences,” Inchcape said in a release.
Added Changan International Corporation General Manager Tom Yin, “With global partnerships firmly embedded in Changan’s history, this agreement with Inchcape is a landmark step in Changan’s mission to pioneer auto culture and benefit human life. In charting the future of mobility, Changan is focused on a new-energy strategy which counts the completion of three major new special energy platforms and the complete electrification of all products among its goals. Combined with Inchcape’s excellence in market expansion and distribution, it is our shared ambition that more Filipinos enjoy the lasting safety that Changan automobile can provide.”
Joined Inchcape South Asia and Pacific Marketing Director Alex Hammett, “We are pleased to join hands with Changan, a leading OEM, to distribute their extensive and high-quality vehicle portfolio in the Philippines. This is an exciting milestone for us as we see strong growth potential in the Philippines and opportunities for shared success with Changan. This is a great example of our strategy in action, accelerating the performance of our mobility company partners, and Inchcape being the automotive distributor of choice.”
The deal will expand Inchcape Philippines’ distribution footprint in the country and builds on Inchcape’s established and growing presence in Asia Pacific. Beginning this month, Inchcape Philippines will operate the distributorship across over 25 Changan dealerships and sales outlets in the country.
As it takes over the local portfolio of Changan, Inchcape Philippines reiterated that “Changan’s continued investments in new-energy vehicle platforms also have the potential to expand (Inchcape’s) electric vehicle offerings while Changan will enjoy the benefits of Inchcape’s strong track record of successful OEM market entries and industry-leading capabilities for data, digital, and technology services.”
