Inchcape PLC

Inchcape PLC, a global automotive distributor, has reported a 15% decline in revenue due to US tariffs, but remains optimistic about its long-term prospects and ability to adapt to the changing trade environment.

Inchcape PLC’s first-quarter revenues fell 5% to £2.1 billion, sparking a decline in its share price, amidst ongoing tariff uncertainty and mixed market momentum.