Pendragon is preparing to launch a fresh used car proposition under the brand ZenCar by the end of this year.
Pendragon has posted a pre-tax profit of £35.1 million for the first half of 2021, compared with a loss of £31m over the same period last year.
Pendragon has begun a consultation over redundancies as it plans to reformat its leadership and management structure.
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 appointed Bill Berman as its new chief executive with immediate effect.
