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Palliser wants board shake-up at UK car dealer

Palliser wants board shake-up at UK car dealer
hedgeweek.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hedgeweek.com Daily Mail and Mail on Sunday newspapers.

Pendragon predicts better than expected 2022 financials after Q4 growth

Pendragon has said that car sales growth in Q4 helped propel it to a “better than expected” 2022 financial performance in a trading update published this morning (January 25).

Hedin Group withdraws £411m Pendragon takeover offer

Swedish car retailer Hedin Mobility Group has withdrawn its £400 million takeover offer for Pendragon due to “challenging economic conditions”.

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…

Pendragon expects new and used car shortages to continue next year

Pendragon said new car sales continued to rise in the third quarter despite supply woes, offsetting a fall in used vehicle sales.

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