Pendragon Plans To Cut 1,800 jobs and car dealership closures across the UK
A statement issued via the London Stock Exchange today (July 30) revealed that Pendragon has a plan to cut 1,800 jobs from its UK car retail network to create a…
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Pendragon Begins Evans Halshaw Vauxhall Closures
In order to shrink its UK retail network, Pendragon is preparing to close several of its Evans Halshaw Vauxhall dealership locations. Consultation is underway with staff at Evans Halshaw’s Vauxhall…
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Pendragon Announce The Closure Of Its 22 UK-Wide Sites
After a £32.2m pre-tax loss, today, Pendragon announces to close 22 of its 34 UK-wide sites and 1 of 3 vehicle preparation centers in Stoke. Shares are down below 10p…
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Pendragon seeks out “self-help opportunities”
Pendragon seeks out “self-help opportunities” to refocus its used Car Store car supermarket strategy. In H1 2019, it expected to be “significantly loss making”, according to results of an initial…
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Pendragon revenues decline 7.2% in Q3 amid WLTP market disruption
Pendragon has projected full year financial results delivering a further 17.2% decline in underlying profit before tax in an interim management statement revealing declines in turnover and profit during Q3….
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