Executive Summary
Pendragon PLC is a multi-national operator of franchised motorcar dealerships in the UK with outlets overseas in the USA and Germany. The UK is our principal market, which accounts for around 90% of group revenues, with the USA contributing 8% and Germany 2%. Pendragon became a public limited company when the vehicle division of Williams PLC was de-merged in 1989, at that time operating 19 car dealerships, representing specialist and luxury franchises, in addition to a small contract hire business. Since then we have enhanced our portfolio and expanded considerably through a series of new builds and acquisitions and now represent over 29 brands, operating out of more than 250 dealerships in the UK, Germany and the US.
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