Family-run retailer Sinclair has bought the Stratstone Jaguar Land Rover business in Swansea from troubled Pendragon. Pendragon, which has issued several profit warnings in the recent past and seen the departure of its

In its AGM trading update for the quarter to 31 March, Lookers noted that new cars represented 32% of gross profit and that, despite national registrations falling, it had increased its turnover of new cars by 3% and

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 that Mark Herbert was

In a surprised stock market statement Pendragon has revealed chief executive Mark Herbert will leave the business at the end of the month (30 June). Mr Herbert has been with the business for only three months after

Unfortunately, Pendragon is no stranger to a profit warning. This week’s stock market statement makes it three years in a row the retailer has had to downgrade expectations. It’s clear Pendragon’s rapid growth in

Pendragon is expected to be loss-making in its current financial year, according to a stock market statement from its new management team. Led by chief executive Mark Herbert, who joined Pendragon earlier this year, a