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...

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  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...

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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...

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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...

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  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...

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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...

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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...

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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...

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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...

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  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...

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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...

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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,...

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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...

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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...

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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...

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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...

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  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...

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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...

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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...

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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...

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