The end of an Era

Discussion in 'General Business' started by Valley, Nov 10, 2008.

  1. #1
    Pendragon who is the largest (i think) motor dealer group in the world today announced its business was now loosing 30 million rather than making 30 Million. ( a tad out?)
    They are also selling off its Pinewood software company hopefully for £60 million. The last card in their deck and the possiblity of this business closing all together , as Pendragon at least. Most assets have been stripped already to holding companies over the last few years.
    A sad day.
    http://www.dailymail.co.uk/money/article-1084525/2500-staff-lose-jobs-troubled-Pendragon.html
     
    Valley, Nov 10, 2008 IP
  2. GrantDraper

    GrantDraper Active Member

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    #2
    Thats a hell of a lot of money to be loosing!
     
    GrantDraper, Nov 10, 2008 IP