Lookers shares are down 71% in a year, valuing the business at £97.9m, reports The Sunday Times. Debt could soon exceed the valuation: it had £65m of debt at the end of April and the cost of...

  OFFICIAL: SHOWROOMS TO REOPEN ON 1 JUNE DRIVE MOTOR RETAIL CLOSES SITE NEW VIDEO CHAT SERVICE LAUNCHED MOTORPOINT ADDS NEW NON-EXEC HOLDEN EXTENDS DEALER WIND-DOWN OFFER EBAY CLASSIFIEDS UP FOR...

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...

Saturday’s news that Pendragon, under the command of new CEO Bill Berman, made an approach to Lookers with a view to merge the two firms is interesting on several counts. Firstly, there’s the...

  LOOKERS REJECTS PENDRAGON MERGER BID GOVERNMENT CONSULTS RETAILERS OVER REOPENING PLANS ECO PROTEST WARNING FOR DEALERS NEW LOOKERS ONLINE SHOP CORONAVIRUS: AUTO INDUSTRY ROUND-UP LOWER PRICES...

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...

CAZOO LOSES CFO RETAILERS SPRINT TO BEAT EV GRANT CUT PENDRAGON APPOINTS NEW NON-EXEC MOTORPOINT SHAREHOLDER BUILDS STAKE NEW CAR SALES BANNED IN ITALY RETAILERS KEY TO GM’S EV PLANS LAUNCH DIARY...

A busy month of reporting and announcements kicked of in February with Inchcape, with a note on the departure of group CEO Stefan Bomhard who is leaving at the end of June to become CEO of Imperial...

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...

  HONDA TO FOCUS ON ‘PROFITABLE RETAILING’ VW RETAILER LOSES HIGH COURT BATTLE WJ KING BACK IN PROFIT MARSHALL FIRST WITH NEW AUDI RETAIL CONCEPT PENDRAGON SHAREHOLDER DISCUSSES MERGER...

With the backdrop of the election having been and gone, and the UK finally leaving the European Union – some 10 months late, it appears that the country is in good spirits. As reported on the...

Odey Asset Management has increased its stake in Pendragon from 14.49% to 15.01%. The London-based investment firm remains Pendragon’s second-largest shareholder, behind Telios Capital Partners,...

ODEY UPS PENDRAGON STAKE TO 15% SYTNER APPOINTS NEW CARSHOP BOSS JARDINE SETS 10% EV TARGET MOTORPOINT SWANSEA OPENS DUNCAN MOVASSAGHI NAMED EVP AT VW AMERICA AMERICA GETS SEAT AT ASTON MARTIN...

Just after the last column was written came the interim first half results from Motorpoint for the period ending 30 September 2019. The figures presented a mixed but “resilient” picture. In...

TONY BRAMALL BOOSTS LOOKERS STAKE MOTORPOINT LAUNCHES SAYE SCHEME ARNOLD CLARK TAKES ON TOYS ‘R’ US SITE BARRETTS LEAVES CITY CENTRE AFTER 117 YEARS PENDRAGON COMPLETES JLR CALIFORNIA SALE BMW...

New Pendragon non-executive director Brian Small has purchased 400,000 shares in the company, a day after taking office as chairman of the audit committee on 10 December. A purchase price of 10.44p...

  ANGELA SHEPHERD ‘MOST SENIOR WOMAN IN UK AUTO RETAIL’ PENDRAGON’S BRIAN SMALL BUYS 400,000 SHARES DEMAND OUTSTRIPS SUPPLY ON EVS CAZANA LAUNCHES PRICE FLAGS WORLD NEWS – European car...

AUTOSWOT LEARNING STARTUP GOES LIVE FCA TO OPEN NEW URBAN STORES HALFORDS BUYS TYRE FIRMS JARDINE WORLD SERVICE TRIUMPH WORLD NEWS – US Porsche and Buick retailers satisfy, Australian retailers...

AUTO TRADER ‘FAIR’ AND ‘HIGH’ PRICE FLAGS CONFIRMED CHORLEY GROUP PROFITS DOUBLE PARK’S OPENS LAMBORGHINI LEEDS NADA SHOW SCHEDULE PUBLISHED WORLD NEWS – Audi brand refresh, Daimler...

LLOYDS BANK HIT BY FALLING USED CAR PRICES NEW DIRECTORS AT GLYN HOPKIN ARBURY TAKES ON PENDRAGON JLR GLEWS OF GOOLE IN TALKS OVER FUTURE WORLD NEWS – Michael Cole is Kia America president; India...