Tag Archives: pendragon

Hedin Mobility continued its expansion in the first half delivering reduced net profits of MSEK 552 (£39.7m) (H1 2022: MSEK 1,023) on turnover up 70% to MSEK 37,704 (22,190). The Swedish company has been expanding in the UK. The acquisition of four dealerships in South London from Mercedes-Benz Retail Group UK was completed in April. The deal comprised dealerships in ...

This month we look at two key topics, the emerging and established Chinese brands and the way agency is adapting in the market. We catch up with Pendragon CEO Bill Berman who talks about his confidence in the Chinese giant BYD and its technology. “We are fully committed and fully invested. It is going to be exciting,” he told Motor ...

Pendragon is expected to report a 9% increase in underlying profit before tax of £36.5m in the six months to June. In a pre-close trading statement, it said new vehicle sales rose 18.3% on a like-for-like basis and new gross profit per unit was £200 higher year-on-year. Pendragon reported used volume growth, up 7.2% on a like-for-like base with used ...

Genesis Motor UK has appointed seven retail partners across the UK. Representatives from Ancaster Group, Arnold Clark, Hendy Group, Holdcroft Group, Pendragon, Richmond Motor Group and Sinclair Group attended the Genesis Scottish Open golf tournament to coincide with a signing ceremony in Scotland. Lawrence Hamilton, managing director for Genesis Motor Europe said: “This is an exciting milestone for Genesis in ...

Pendragon has announced the appointment of Jemima Bird as an independent non-executive director. Bird will serve on the Company’s Nomination Committee, Audit Committee and will also chair the Remuneration Committee, succeeding Ian Filby (interim chairman of the Remuneration Committee). Bird brings three decades of retail experience, predominantly in the food retailing sector. Having spent a significant part of her career ...

Pendragon chief opeating officer Martin Casha is leaving the company to take up the CEO role at Marshall. Pendragon said it would not be replacing the role in order to simplify the company’s organisational structure, His reporting lines will be re-distributed across the senior leadership team. Casha has spent his entire career with Pendragon businesses, becoming  operations director in September ...

Pendragon chairman Ian Filby is stepping down to pursue other interests. Filby joined Pendragon as non-executive chairman on 1 November 2021. In addition to his duties as non-executive chairman, he serves on the company’s remuneration committee. Filby joined Pendragon following a 40-year career in retail, a large proportion of which was spent with Alliance Boots. In his last executive role, ...

Data protection is a huge issue for all dealers and rising fast up the agenda for management. This month we report on a well-chronicled case, that of Arnold Clark. It’s not  alone. Other dealer groups, including Pendragon, have been targeted. This will be a key area of debate at the Motor Retailing EXPO taking place at Silverstone later this year. ...

Pendragon’s Porsche Centre has opened in Nottingham to become the second Destination Porsche Centre in the UK network. The centre was opened this week by Krishan Bodhani, CEO Porsche Cars GB. The centre has hosts for welcoming visitors and Porsche Pro staff support the sales team in describing the cars. In a nod to the German origins of Porsche, separate ...

Chinese carmaker BYD was the fastest growing OEM in 2022 according to the latest figures from Jato Dynamics. The Chinese brand, which is now being sold in the UK iby LSH Auto and Pendragon, followed Tesla as the world’s second best-selling BEV manufacturer, with a volume increase of 184%, to more than 911,000 units in 2022. According to Jato Dynamics ...