Sinclair Group has added its first Jaguar franchise and a second Land Rover dealership to its growing portfolio with the acquisition of Pendragon’s Stratstone Jaguar Land Rover Swansea businesses.
Pendragon has completed the disposal of its JLR dealership in Mission Viejo, California, fro £28.2 million.
Pendragon’s recently-appointed chief executive, Mark Herbert, will leave the business at the end of this month according to a statement issued via the London Stock Exchange.
Pendragon’s plan to close its Stratstone Jaguar and Land Rover (JLR) dealerships in Lye have sparked fears for 150 jobs in the West Midlands town.
Pendragon needs to refocus its Car Store used car supermarket strategy as it seeks out “self-help opportunities” in light of an operational business review which predicted that the group would make a significant loss in H1, 2019.
Plans have been revealed for Pendragon’s new dual arch Jaguar Land Rover dealership in Nottingham after planning permission for the scheme was granted last year.
Two men have been arrested in connection with a late night raid on Evans Halshaw’s Altrincham Ford dealership which resulted in the theft of five cars.
AM100 groups fall victim to unscrupulous write-off repairers exploiting insurance loophole to resell crash-damaged cars
Pendragon’s Evans Halshaw used car business and Arnold Clark have been accused of selling insurance write-offs without telling buyers the vehicle's been in a crash following an investigation by the BBC.
Pendragon has disposed of its two Hornburg Group Jaguar Land Rover (JLR) dealerships in California as it progresses its plans to reduce its exposure to premium brands and withdraw from the US.
The divisional director of Pendragon’s loss-suffering Car Store used car retail network is away from the business on ‘gardening leave’, AM has discovered.
Pendragon has welcomed former AutoNation president and chief executive William Berman as its new independent non-executive director as Gillian Kent stands down.
Pendragon’s new leadership team is conducting review of the car retail group’s operational and financial prospects as an interim management statement revealed Q1 pre-taxes losses which were ‘lower than expected’.
Evans Halshaw has completed the refurbishment of its Nissan site in Middlesbrough, located on Cargo Fleet Lane.
Pendragon has successfully appealed its £134,000 conviction for advertising an ex-rental car as having “one previous owner”.
Pendragon’s profit before tax total slipped to a £44.4m loss in 2018 as revenues declined by 2.4% to £4.63bn in its annual results to December 31, 2018.
Rybrook Group has completed its acquisition of the Jaguar Land Rover (JLR) franchised car dealership from Pendragon Premier Limited.
Former Jardine Motors Group boss Mark Herbert will take over as chief executive of Pendragon from Trevor Finn.
Pendragon has attracted further investment from Swedish investment company Anders Hedin Invest, just five days after its acquisition of an initial 9% share of the car retail group.
Shares in Pendragon closed 1.3% up on Wednesday (January 23) after Swedish investment company Anders Hedin Invest bought a 9.24% share in the AM100’s former number one retail group.
