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Pendragon warns of shortages

Pendragon, which last week announced it had cut losses during the pandemic, has warned of short-term vehicle supply issues due to both Covid-19 and the global chip shortage. “There is going to be some turmoil in the

Pendragon cuts losses during pandemic

Pendragon has recovered from a pre-tax loss of £31 million in the first half of 2020 to finish the year down £16.4m. However, the dealer group reported an underlying profit of before tax of £8.2m. Revenue was down

Pendragon’s busy week

Amsterdam’s Farringdon Capital Management, co-founded and owned by Bram Cornelisse, has taken a 3.36% stake in Pendragon. The deal sees Farringdon become Pendragon’s sixth-largest institutional stakeholder. Also last

Pendragon reveals pandemic impact in latest results

Covid-19 had a material impact on Pendragon’s first-half results for 2020 with the company reporting an underlying loss before tax of £31 million. The firm, which had shown signs of improving results in the preceding

Pendragon closures detailed

Evans Halshaw retailer closures will include Citroen, Ford, Hyundai, Peugeot, Seat and Vauxhall sites as part of Pendragon’s operational review to shutter loss-making sites, Auto Retail Agenda has learnt. These include

Ex Pendragon CEO Trevor Finn provides used car sales return

Trevor Finn has been one of the most well-known names in auto retail over the past 30-plus years. Having risen from apprentice mechanic to CEO of the UK’s largest dealer group, Mr Finn has, understandably, gained fans

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