Inchcape sheds another partner
Inchcape has announced further changes to its New Zealand portfolio by ending its distribution partnership for LDV, with the final date to be confirmed after a transition period.
The move comes about three weeks after the company revealed it was parting ways with KGM in New Zealand.
An Inchcape spokesperson says the company continuously reviews its partnerships “to ensure we have the right portfolio of brands for our business aligned with our strategic growth objectives”.
“As a result, the decision has been made to end the distribution partnership for LDV in New Zealand,” they add.
“The OEM will communicate its future distribution arrangements in due course.
“We are working collaboratively with LDV to ensure a smooth transition for the brand, with a focus on supporting customers, dealers and partners.”
LDV vehicles are available at nine dealers nationwide. Inchcape says service support remains unchanged during the transition and consumers are encouraged to contact their local LDV dealership for stock availability, with current customers’ orders being delivered as planned.
The company repeated comments made at the time of the KGM announcement, saying it is committed to the New Zealand and Australian markets with its brand portfolio offering a range of vehicles to meet consumers’ needs.
Inchcape secured LDV as a brand partner in New Zealand three years ago when it acquired the distribution, retail and vehicle-leasing operations of Great Lake Motor Distributors Group.
The deal also included SsangYong, which rebranded as KGM in 2024.