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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

UPDATED: Lookers rejects Pendragon merger bid

Pendragon has confirmed it approached Lookers about a merger in the last fortnight. Lookers rejected the approach because of the ongoing FCA investigation and the coronavirus crisis, according to a report by Sky News.

Pendragon full-year losses worsen

Pendragon pre-tax losses increased in 2019 to £97.8 million down from £90.6m in 2018. Revenue dropped to £4.51 billion from £4.63bn in 2018. Despite the loss before tax figure being worse than predicted six months

Pendragon appoints new CEO

Pendragon has appointed Bill Berman as chief executive officer after one of the most turbulent years in the retail group’s history. Mr Berman has been a non-executive director at Pendragon since April 2019 and has been

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