Pendragon, is there a plan B?
For at least the past four years and probably longer – I didn’t check back any further – Pendragon has always issued its half-year results in the first week of August. This year things are…...Read more
The BMW network is not a happy place. Just four years ago it was the second favourite franchise, according to the NFDA Dealer Attitude Survey. Since then the scores have been falling and at the start...Read more
Do new car PCPs need to be investigated by the FCA? Probably not. Will they be investigated by the FCA? Maybe. There’s been rising chatter about buying (and selling) cars on PCP agreements for a few...Read more
Lookers’ profit downgrade this week only confirmed what we already knew; it’s tough selling new and used cars at the moment. And I wouldn’t be surprised if this was only the first such...Read more
I need to apologise in advance for another blog about my own experience with franchised retailers. I’m apologising because once again my experience wasn’t positive. Nearly 18 months ago I bought a...Read more
Losing a chief executive three months after hiring them is never great for any company, but when it’s a loss – making listed company it’s doubly bad. Thursday’s stock market announcement...Read more