Pendragon PLC Pendragon to Open New Coventry Distribution Centre

 
TIDMPDG 
 
Pendragon to Open New Coventry Distribution Centre 
 
The Company is pleased to announce the opening of a brand new ten-acre 
distribution centre in Coventry, which will be operated through its Evans 
Halshaw brand, the UK's leading online automotive retailer. 
 
The site has been designed to de-fleet vehicles returning from lease and 
prepare them for onward movement to the Company's Evans Halshaw outlets across 
the UK.  In addition, the site also has a used car retail outlet with vehicle 
display for over 400 cars and extensive vehicle refurbishment workshop 
capacity. The distribution centre is expected to become fully operational in 
the final quarter of the year and handle over 25,000 vehicle de-fleets in its 
first full year of operation. 
 
The facility forms part of the Company's strategy to build a national chain of 
used car outlets and this development fills the Coventry area, which was one of 
40 key markets where the group had no used car sales presence.  The Evans 
Halshaw Car Store retailer will stock a wide range of makes and models, all 
available with aftercare plans and backed by the Evans Halshaw Price Guarantee. 
 
Since opening, the Coventry site has created 66 jobs for people in the local 
area, from entry level roles through to leadership. The launch of the new 
distribution centre has also created a number of new job opportunities for 
Vehicle Technicians, offering the opportunity to work within a brand-new 
workshop with state-of-the-art facilities, on a wide variety of vehicles. The 
team is now recruiting to fill the final few vacancies, which include 
Technicians and roles within Accountancy, Sales and Administration. 
 
Trevor Finn, Chief Executive said: 
 
"This is a huge forward step for our used car strategy and we are excited to 
get the Coventry distribution centre fully operational. The versatility of the 
site is exciting, as we can prepare thousands of cars before they are sold on 
in our Evans Halshaw Car Store centres.  As announced in our 27 April 2017 IMS, 
we have made a strong start to 2017, and the distribution centre will ensure we 
build on the progress already made.  Our interim results for the first half of 
2017 will be released on 1 August 2017". 
 
Discover more about the site's retail operation, Evans Halshaw Car Store 
Coventry, at http://www.evanshalshaw.com/dealers/car-store-coventry/ 
 
Enquiries 
 
 Trevor Finn        Chief Executive   Pendragon PLC              01623 725114 
 
 Tim Holden         Finance Director  Pendragon PLC              01623 725114 
 
 Gordon Simpson     Partner           Finsbury                   0207 2513801 
 
 Philip Walters     Principal         Finsbury                   0207 2513801 
 
 
 
END 
 

(END) Dow Jones Newswires

July 13, 2017 02:00 ET (06:00 GMT)