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New Pendragon CEO appointed

Pendragon has appointed Mark Herbert to succeed Trevor Finn as chief executive officer next month. Mr Herbert joins Pendragon following a 20 year career with Jardine Matheson Group across a diverse range of industries

January sees acquisition for Vertu while investors buy big stakes in Pendragon

January was a relatively quiet month for retailers reporting or making announcements. First came Cambria which, at the start of January, outlined its trading for the first three months of its current year to November

UPDATED: Swedish group becomes Pendragon’s second largest shareholder

UPDATE: Swedish investment company Anders Hedin Invest, which owns several dealer groups on the Continent, and which last week bought a 9.24% share in Pendragon has now increased this to more than 11%. The owner of the

Pendragon ruling is wrong and sets precedent for the sector

The fine of £134k imposed on Pendragon for failing to disclose in an online advert that a vehicle was ex-rental could set a dangerous precedent that could have sector wide implications, and is especially disturbing

Pendragon fine could set sector-damaging precedent

Retailers who pay fines for minor misdemeanours could open themselves up to much stiffer penalties in future and set dangerous precedents for the industry. The warning comes from Jonathan Butler, head of automotive at

What does Pendragon say about auto retail business model?

The auto retail industry is not exactly flavour of the month with the stock market at the moment, unless you are big into used car retailing. It’s not just this week which has seen some big names take a battering

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