Leading dealer Pendragon says new car shortages to persist into next year
Inflation and rising interest rates drove a hole through third quarter profits at Pendragon despite a continuing shortage of new cars which has…
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Inflation and rising interest rates drove a hole through third quarter profits at Pendragon despite a continuing shortage of new cars which has…
Pendragon said new car sales continued to rise in the third quarter despite supply woes, offsetting a fall in used vehicle sales.
The London Stock Exchange has extended the deadline for Sweden-based Hedin Group to continue discussions and due diligence with Pendragon before it must decide whether to make a formal takeover bid for the major AM100 dealer group which trades under the Evans Halshaw and Stratstone brands.
Would-be renters and housing researchers find vouchers are hard to get and even harder to use.
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.