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Zmags
<br /> ONLINE WEEKLY<br /> MOTORTRADER<br /> ISSUE 2 THE VOICE OF THE CAR RETAILING SECTOR 1 MAY 2009<br /> Pendragon secures<br /> vital finance deal<br /> £200m pre-tax loss after heavy write-offs and restructuring costs<br /> <br /> It experienced closure and<br /> redundancy costs of £25.1m<br /> and impaired goodwill of<br /> £58.1m. It also incurred costs<br /> of £12.7m relating to the<br /> refinancing of borrowings.<br /> Its level of used stock in the<br /> UK was reduced by nearly<br /> £100m in 2008 compared to<br /> the year before, with £73m of<br /> this reduction achieved in the<br /> <br /> John Kirwan Pendragon announced pre<br />
ONLINE WEEKLYMOTORTRADERISSUE 2
ONLINE WEEKLYMOTORTRADERISSUE 2
02 NEWSScrapping schemecomes under attackA
02 NEWSScrapping schemecomes under attackA
NEWS 03Finance providers may abandon UK car d
NEWS 03Finance providers may abandon UK car d
04 NEWSRestructuring at Lookersturns in £14.
04 NEWSRestructuring at Lookersturns in £14.
NEWS 05French carmakers make senior UK change
NEWS 05French carmakers make senior UK change
06 NEWSEconomic fall-out takestoll on dealer
06 NEWSEconomic fall-out takestoll on dealer
NEWS 07Mercedes tackles vacant leasehold site
NEWS 07Mercedes tackles vacant leasehold site
08 NEWSUK carmakers cut backproduction in Ma
08 NEWSUK carmakers cut backproduction in Ma
NEWS 09Dealers' workshop business comes under
NEWS 09Dealers' workshop business comes under
10 NEWSWINNING WAYS: It's not too late toente
10 NEWSWINNING WAYS: It's not too late toente