LOOKERS RESPONDS TO SHAREHOLDERS MORE AREAS ON BRINK OF TIER 4 VINES REPEATS £1.7M LOSS GILLANDERS CLOSES DUE TO COVID VW OF AMERICA ‘WANTS TO BE LOVED’ STOCKWATCH – Pendragon up 10.9%...

Amsterdam’s Farringdon Capital Management, co-founded and owned by Bram Cornelisse, has taken a 3.36% stake in Pendragon. The deal sees Farringdon become Pendragon’s sixth-largest institutional...

  PENDRAGON’S BUSY WEEK HAWCO VOLKSWAGEN IN COVID LOSS POWELLS TO CLOSE AFTER 67 YEARS NFDA WARNS OF TRADE PLATE DELAY FORD RECRUITS EBAY MARKETING BOSS JOE MALLON IS RENAULT IRELAND DEALER OF...

  AUTO INDUSTRY SLAMS LOCKDOWN DECISION LLOYD PROFIT FALLS 24% IGA SHORTLISTED FOR COVID CHAMPION AWARD AUTO RETAIL LIVE TO DISCUSS LOCKDOWN FRENCH RETAILER LOCKDOWN BLOW GROUP 1’S HESTERBERG:...

  AUTO TRADER RETAILER AWARDS 2020 WINNERS PEOPLES BOSS: NO-DEAL BREXIT IS ‘DARK SIDE OF THE MOON’ AGNEW GROUP TURNOVER UP DVLA REMAINS OPEN DURING WALES LOCKDOWN AUTO RETAIL LIVE TO FOCUS ON...

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...

  LISTERS PROFIT DOWN, MOTORLINE UP LEVC TO PIGGYBACK ON VOLVO NETWORK BCA’S NEW RETAIL READY SALES CAZOO OPENS IN WALES CAR BUYERS DISMISS NEW COVID MEASURES ASE AUTOMOTIVE TAKES OVER US...

  FORAY LOSS NARROWS AUTO RETAIL LIVE URGES FOCUS ON DATA AGNEW 10% JOBS CULL FARNELL OPENS £2.4m LAND ROVER BRADFORD CROWN HONDA COLINDALE TO BECOME HOMES EU CLOSES NOx EMISSIONS LOOPHOLE...

  HEADLINE SPEAKERS WILL HELP YOU MEET 70-PLATE TARGETS WELSH SYTNER BMW MINI CLOSES STONEACRE TARGETS DISUSED LAND FOR VOLVO SITE VIDEO ‘TREBLES CONVERSION’ WORLD NEWS – US sales...

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...

  PENDRAGON CLOSURES DETAILED BREXIT HALVES JOHN GROSE PROFIT PSA RETAIL TURNS AROUND LOSS BURGUNDY TAKES STAKE IN VERTU WORLD NEWS – TrueCar sells RV division, PSA blasts US retailers...

Last week was a painful one for automotive retail. Pendragon cut 1800 jobs and committed to closing 15 sites, which actually ‘only’ accounted for 400 of the job losses – hard for those involved,...

  Perrys in profit, fined by HSE Boohoo buys Marshall Vauxhall Leicester site 70-plate advance registration to open Auto Trader using Looker tech Conferences return in October WORLD NEWS – Ford...

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,...

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...