Pendragon officials have been left “angry and confused” by the launch of a Motorpoint television advertising campaign which features a near-identical slogan to its own, AM understands.
AM100 dealer group Pendragon has joined the What Car? New Car Buying platform, bringing more than 100 additional dealerships to the site.
Pendragon has gained planning permission for a new 2,117sq-m "gateway" Porsche Centre and restaurant development on the outskirts of Nottingham.
Pendragon has opened the doors of its new Porsche Centre in Stockport as Porsche Retail prepares to move into its new Mayfair showroom in central London.
A ‘false economy’ which has seen the UK’s car retail sector deliver on pent-up demand from the COVID-19 lockdown is masking the true extent of impending redundancies in the sector, Pendragon boss Bill Berman has told AM.
Pendragon has announced a plan to axe 1,800 jobs from its UK car retail network as part of a bid to create a “leaner and more sustainable operating model” in the wake of the COVID-19 crisis.
The Evans Halshaw, Stratstone and Car Store car retail businesses will have a “powered by Pendragon” prefix added to their name as part of a rebrand of the AM100 car retail group aiming to add confidence to car buying consumers.
AM's July Issue has insights into dealers getting back to business, steps to retail responsibly, and Pendragon CEO Bill Berman's plans to pull the group back into profit.
Pendragon has begun a consultation over redundancies as it plans to reformat its leadership and management structure.
Pendragon founder and former chief executive, Trevor Finn, has said that he plans to “re-engineer parts of the industry that aren’t functioning efficiently” with his new online business venture.
Pendragon has completed a £10.5 million “sale and leaseback” deal for its Porsche Centre car dealership site in Stockport.
COVID-19 disruption wiped out almost £5 million operating profit at Pendragon’s franchised dealerships before the end of March, a trading statement today reveals.
Pendragon has claimed that it is “well-positioned” despite the end of merger talks with fellow AM100 car retail group Lookers which would have created the UK’s largest car retail group.
Pendragon founder Trevor Finn has suggested that he could be poised to make a return to the automotive sector almost 12 months after departing the former AM100-topping car retail group.
Pendragon has appointed former Mercedes-Benz USA president and chief executive Dietmar Exler as a non-executive director.
Pendragon has announced that 20% of chief executive Bill Berman’s pay will be donated to the NHS as employees across the group were furloughed and took wage cuts during the COVID-19 coronavirus lockdown.
Pendragon has revealed that it suffered a £117.4 million loss after tax in 2019 in an annual results statement that revealed the full impact of “significant H1 losses”.
Pendragon has appointed Scottish and Southern Energy (SSE) divisional director and former chief operating officer of Opus Energy, Nikki Flanders, as a non-executive director.
Pendragon has appointed Bill Berman as its new chief executive with immediate effect.
Pendragon has completed the £16.5 million sales of its Chevrolet dealership in Puente Hills, California, to JBR Automotive six months after agreeing the sale to another car retail group.
