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Pendragon plc

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Reheated bid rumour fails to halt backward slide at Pendragon

20.09.11
Car dealer Pendragon was stuck in reverse today, despite the return of vague speculation that it is looking vulnerable to an approach... more

Pendragon underwriters at risk as share price halves

17.08.11
City underwriters earn their money as virtually a third of car dealer Pendragon's £75.2 million rights issue is left on their books... more

Mayfair's tops for Astons

14.07.11
Pendragon's Mayfair showroom has become the world's best-performing Aston Martin dealership, selling five of the super-cars - which cost up to £190,000 - every week... more

Pendragon is set to target women buyers at Quicks

22.02.11
Car dealership group Pendragon is targeting women, or what it calls "providing a softer sales environment", at its new Quicks second-hand car supermarkets in a bid to drive up sales... more

Big freeze puts skids under new car sales

07.01.11
December's blizzards put a dampener on hopes of a rush to beat the VAT rise, as new car sales slid 18% below last year... more

Shares portfolio: WPP 'encouraging' despite Sir Martin Sorrell's warnings

25.08.10
Sir Martin Sorrell may still be sending out downbeat warnings, but shares in his firm WPP are rated a good purchase... more

Shares portfolio: Pendragon 'just a little better'

11.08.10
Analysts approve Pendragon's results, giving the car dealership the vote of confidence with a 40p price target... more

Ferraris and BMWs boost sales for Pendragon

10.08.10
Car dealership Pendragon says luxury motors are speeding on to Britain’s roads despite the country bracing itself for an age of austerity... more

Double your money by buying into Stephen Hester’s RBS talk

25.02.10
If you believe Stephen Hester, chief executive of Royal Bank of Scotland, the next government could be in a position to start selling its 84% stake in 2011 ... more

'Expensive cars lead dealers out of recession'

23.02.10
Luxury marques are leading the car market out of recession, according to dealership chain Pendragon... more

Goldman's backing gives oil giants a Christmas boost

18.12.09
Christmas came early for Britain's oil giants, as they received a vote of confidence from Goldman Sachs... more

Three-pronged dose of good news boosts car dealers

30.09.09
Could car dealers be on the road to recovery? ... more

Deutsche’s chorus of ecstasy gives strong fillip to insurers

30.09.09
Life insurers were shining again today as bid rumours continued to ignite the sector and Deutsche Bank gave a glowing verdict on its prospects ... more

Bidders make beeline for Churchill

28.09.09
Suitors are queuing up for a slice of Churchill Mining... more

Pendragon in call for boost to scrappage scheme time

18.08.09
Lord Mandelson should extend the old-car scrappage scheme to ensure the battered motor industry pulls firmly out of recession, one of Britain’s top dealers said ... more

Lookers raises £81m to steer away from debt

26.06.09
Troubled car dealer chain Lookers has raised £80.7 million from a share placing aimed at reducing its huge debts... more

Vertu to raise £30m for a shopping spree

28.05.09
Car retailer Vertu Motors unveiled plans to raise £30 million to buy new dealerships in a rare bit of good news for the beleaguered industry ... more

Stricken car giant warns scrappage plan will fail

01.05.09
Car dealership Pendragon today crashed to a £200 million loss but signed a vital deal with its banks to secure its future. ... more

Lookers has doubts over backing from banks

30.04.09
Lookers, one of the Britain's biggest car dealers, admitted there is "material uncertainty" over whether its banks will continue to back the firm... more

Shares plummet as cynics struggle to digest Budget

22.04.09
The Chancellor of the Exchequer’s Budget was cynically seen by some in the City as an old fashioned move to soak the rich in order to dish out more to the poor with an eye on the next General Election. ... more

Pendragon in talks with lenders after reviewing finances

01.04.09
British car dealer Pendragon Plc said today that it was reviewing its financing structure amid the economic downturn, and was in talks with its lenders to make changes to its loan terms... more

Inchcape puts huge discount sticker on its call for cash

19.03.09
Car dealer Inchcape was close to setting a record for a distressed rights issue, offering investors new shares at just 6p against last night’s close of 503/4p... more

BA shares look ready for take-off now, says Merrill

10.02.09
Merrill Lynch has taken the bold step of calling the bottom of the market in shares of British Airways, which was flying high among blue-chips today with a rise of 9.5p at 148.8p... more

2500 lose jobs at Pendragon

10.11.08
Britain's largest motor dealer has laid off more than 2500 staff, a fifth of its workforce, after falling heavily into the red... more

After car sales take a dive, there is still a glimmer of hope

08.09.08
Analysis: Not since England had a football team capable of winning the World Cup, have fewer cars been sold in Britain... more

Market report: Gloomy brokers add to the pub chains’ misery

29.08.08
The lack of spare cash in drinkers’ pockets appears to be having a detrimental effect on the UK’s big pub chains, judging by the collapse in their share prices this year.... more

Worst house prices fall for 18 years

28.08.08
The property market faces a full-scale collapse with house prices tumbling by more than 10 per cent a year for the first time since 1990... more

Pendragon fires 500 as car sales collapse

30.06.08
Britain's biggest motor dealer, the Stratstone and Evans Halshaw group Pendragon, is laying off 500 car salesmen as the consumer downturn ravages the sector... more

Chairmen's pay on rocket fuel - and not just at BP

15.04.08
Fat-cat pay, or executive remuneration as they call it in the posher papers, is so last century... more

Pendragon profits cut in half by cars slump

20.02.08
The stalling car sales market has seen profits crash at Britain's biggest motor dealer.... more


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