Strong Asian sales for Inchcape

Car retailer Inchcape said global demand for cars remains patchy, though turnover since the start of the year has been slightly ahead of expectations at £1.56bn. Chief executive André Lacroix said that while sales for new cars have been weak in some markets, strong growth in Asia Pacific and emerging markets have helped drive turnover. The FTSE 250-listed firm also held its annual meeting yesterday, in which 16 per cent of investors rejected or withheld votes from its remuneration report.