Shares dived at Pendragon as the car dealer announced a review into operations after it fell to an unexpected loss. Shares dived at Pendragon as the car dealer announced a review into operations after it fell to an unexpected loss. Car sales have steadily fallen as nervous consumers hold off on big-ticket purchases. Nevertheless, group like-for-like revenues rose 4.6% in the three months March 31. Like-for-like new car revenues rose 6.3% against the previous year, while used car and after sales like-for-like revenues rose 2.9% and 5.5% respectively.

Source: Irish Independent April 17, 2019 10:30 UTC