GOLDING’S TAKE: The Dragon’s fire fades
Pendragon has come an awful cropper. The Derby-based UK group of 400 car dealers has just collapsed to a stockmarket valuation of less than GBP250m. That is almost the exact amount that the then-vibrant Pendragon earned from the sale and leaseback of the majority of its properties precisely a year ago.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable