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Pendragon wins eviction notice for travellers

Pendragon has successfully applied to have travellers removed from its old Renault in Craigshaw Drive, Aberdeen. Encampments had been set-up at two sites in the city but Pendragon and Aberdeen City Council received

Marshall to buy Pendragon’s NW Mercedes business

Pendragon has agreed to sell its Mercedes-Benz business in the North West market area to Marshall Motor Group for an undisclosed sum. The deal, which includes the Mercedes franchises in Blackburn, Blackpool, Bolton,

Luxury brands helped Pendragon

Pendragon’s pre-tax profits jumped 48% to £15.7m in the first half of the year. The Stratstone Ferrari, BMW and Aston Martin dealerships led the way with a 20% rise in new car sales. Stratstone posted gross

Pendragon lines-up new aftersales initiatives

Pendragon said this week that it will pursue a strategy to grow aftersales profitability. A number of initiatives designed to secure this growth are being introduced. The retailer said it was ‘cautiously

PENDRAGON AHEAD OF PLAN

The UK’s biggest auto retailer, Pendragon, issued a reassuring interim management statement covering the four months to the end of October. The company said it was confident that this year’s results will be

PENDRAGON PAYS COST OF REFINANCING

Shares in Pendragon jumped sharply after the company used its annual results announcement to confirm it had reached a refinancing settlement with its funders and avoided a December 2008 covenant test. Investors took the

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