The Market Monitor Minding the Nation's Business
Inchcape, the leading global automotive distributor, has been appointed by Changan International Corporation (Changan) to distribute Changan vehicles in the Philippines. The distributorship will be operated by Inchcape Philippines, a joint venture between Inchcape and the CATS Group of Companies.
The deal will expand Inchcape Philippines’ distribution footprint in the country and builds on Inchcape’s well-established and growing presence within the Asia-Pacific region. Starting this month, Inchcape Philippines will operate the distributorship across over 25 Changan dealerships and sales outlets in the country and will cover a fleet of Changan products such as the Alsvin Sedan, the CS35 Plus compact crossover, CS55 Plus compact SUV, and premium models of UNI-T and UNI-K.
Changan’s continued investments in new energy vehicle platforms also has the potential to expand Inchcape’s electric vehicle (EV) offering 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.
Alex Hammett, managing director for Inchcape South Asia & Pacific said: “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.”
Inchcape Philippines is a joint venture by Inchcape and CATS Group of Companies. Inchcape Philippines combines in-market expertise with unique technology, advanced data analytics, and customer-centered innovation to create excellent customer experiences and power better mobility in the country. Inchcape Philippines drives distribution excellence with brand partners: Mercedes-Benz, Chrysler, Dodge, Jeep and Ram, Jaguar, and Land Rover, and operates dealerships for Mazda and Harley-Davidson motorcycles. The company has 450 employees across its distribution and retail operations.