Fury at jobs threat after boss of car dealer Pendragon gets £413k bonus Pendragon has put 250 of its 400 accountants in a redundancy consultation Chairman and chief executive Bill Berman received a £413,000 bonus payment Pendragon has taken £52m in taxpayer support and already slashed 1,800 jobs By Alex Lawson For The Mail On … Read more
Car dealers Pendragon and Inchcape plan to cut jobs as fallout from Covid-19 pandemic hits demand By Daily Mail City & Finance Published: 22:27 BST, 30 July 2020 | Updated: 22:27 BST, 30 July 2020 Car dealers Pendragon and Inchcape plan to cut jobs as the fallout from the Covid-19 pandemic hits demand. Adding to … Read more
The boss of one of Britain’s biggest car dealers is preparing to make drastic changes to its business model after the coronavirus crisis slammed the brakes on the industry. Bill Berman, who became chief executive of troubled Pendragon in February, is drawing up plans that may include refinancing and the closure of showrooms across the … Read more