Car dealer Pendragon to slash 1,800 jobs and shut 15 showrooms

mirror.co.uk:

Car dealership group Pendragon has said it will slash 1,800 jobs and shut 15 of its showrooms. The Evans Halshaw and Stratstone owner said it expects around 400 redundancies as a result of closing its loss-making sites, with a further 1,400 job cuts coming as part of plans to make its operations "leaner and more sustainable".

The cuts come as part of a review started by the firm before the coronavirus crisis hit, which further damaged demand for cars.

Bill Berman, Pendragon chief executive, said: "These have been difficult decisions for the board to make and our priority now is to manage the transition to our new operating model. "The Covid-19 pandemic is a uniquely challenging situation and we want to protect as many jobs as we can