Former Jardine Motors Group boss Mark Herbert will take over as chief executive of Pendragon from Trevor Finn.
Trevor Finn's reign as Pendragon's chief executive is set to end.
First quarter profitability has slumped "in line with expectations", said Pendragon in a trading update, as its new and used car revenues have declined.
Trevor Finn is confident that his PLC’s growth lies in consumer-focused technology, a more flexible business model and used car sales.
Pendragon has reported “a strong start” to 2017, with growth in aftersales and used.
Strategic focus on used car sales helped Pendragon grow its like-for-like revenues by 5.7% in Q3.
Motor industry leaders tell Tom Seymour that patience, the right attitude and learning every day are key to their success.
Pendragon is now offering a Chartered Manager Degree Apprenticeship to develop the next leaders within its business.
Stratstone has today been revealed as the owner of one of the 2015 Jaguar Lightweight E-types.
Pendragon has achieved a 15.2% rise in new vehicle gross profit in Q1 2016. Like for like gross profit increased across all its main vehicle sectors.
Top AM100 dealer group Pendragon has reported a pre-tax profit increase of 6.6% over Q3 in its latest interim update.
Pendragon is planning to expand its network of dealerships from 200 to 240 and is pushing ahead with its click and collect used car concept.
Top AM100 dealer group Pendragon has been awarded the Investors in People standard for the seventeenth year.
Pendragon has described its 2015 first quarter trading as “excellent” and says its underlying profit before tax increased by 10.4%.
Automotive Management Live: Where franchised and independent dealers will find everything they need to know about operating a modern showroom and service and repair facility fit for the digital age.
When: November 12 2020
Where: Birmingham NEC
Find out what features are in this month's, and future, issues