Pendragon: used vehicles, the new border

Pendragon, one of the largest automotive groups in the United Kingdom, publishes its results of 2017 and its future road map, based on exiting the U.S., focusing on UV (aiming at doubling their turnover in this area by 2021) and enhancing their software division (Software “Pinewood”), in order to compensate the fall in NV margins. (It is important to note that in 2017, Pendragon’s UV revenues in the UK already exceeded NV revenues by 1.2 times).