Inchcape sets up in-house used-car arm

The Toyota distributor partners Otopac Motors to start Inchcape Pre-owned, as it looks to transform itself into a one-stop shop

Inchcape Pre-owned operates out of Inchcape Centre in Pandan Crescent. PHOTO: INCHCAPE SINGAPORE
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Toyota distributor Inchcape has appointed Singapore company Otopac Motors as an in-house used-car dealer here - a deal which is new to both parties.

Family-owned Otopac - whose shareholders are Toyota servicing specialist Ricardo Auto, financial services group PhillipCapital and tyre distributor Binter - will be Inchcape's partner in the newly set-up Inchcape Pre-owned.

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A version of this article appeared in the print edition of The Straits Times on May 26, 2018, with the headline Inchcape sets up in-house used-car arm. Subscribe