Pendragon, trading as Evans Halshaw and Stratstone, is also selling some of its dealerships
Britain’s biggest car dealer is switching its focus to the used market, after a slump in sales of new vehicles dragged down its annual profits by a fifth.
Pendragon, which trades under the Evans Halshaw and Stratstone brands and sells all the main marques, said profit before tax fell to £60.4m last year from £75.4m in 2016.
Source: FS – All – Economy – News 2
UK's biggest car dealer to focus on used vehicles as profits dive