US-based giant Lithia, the new owner of Pendragon, has unveiled plans to axe hundreds of jobs.
Pendragon chief executive Bill Berman has spoken to the car retail PLC’s “continued momentum” after delivering an “encouraging” set of financial results for the first half of 2022.
Pendragon has broadened the footprint of its Sell Your Car and Click and Collect used car retail services with the opening of 10 Carstore Direct sites at Morrisons and Homebase stores across the UK.
Pendragon will open the doors to its first CarStore Experience Centre this weekend as it targets “first-class in person experiences for any customer” with its reimagined used car retail division.
Automotive retailers were obliged to accelerate their omnichannel retail plans in response to the COVID-19 pandemic, but another by-product of this development has been the demise of the haggle.
Pendragon chief executive Bill Berman has said he is “delighted” with the car retail group’s 2021 financial results, which revealed a record underlying profit before tax of £83 million.
Car supplies could take up to eight years to recover after component shortages and COVID-19 factory closures, according to Pendragon chief executive Bill Berman.
Pendragon will re-launch its CarStore division with a new hybrid sales process designed to remove the “restrictive” process of traditional retail and new online rivals, chief executive Bill Berman has told AM.
Peter Vardy has opened its Dundee CarStore and at 70,000 square feet it is one of the largest car dealerships in Scotland.
Peter Vardy Group is poised to open its second CarStore used car supermarket as work on a £7 million facility in Dundee nears completion.
Peter Vardy’s Carstore made the national news when an inflatable duck broke free in high winds and rolled around the streets of Glasgow.
Peter Vardy has relocated its £2m Heritage Collection to a specially-created pavilion at its CarStore in Hillington.
Planning officials took just 20 seconds to give the new Peter Vardy CarStore operation destined for Dundee the green light.
Peter Vardy could have a new addition to its CarStore network up and running by December if planners give a proposed development in Dundee the go-ahead this week.
