Pendragon PLC has been labelled as the biggest independent dealer group in Europe thanks to its 2013 revenue. Data released by auto retail analyst ICDP confirmed that this is the second consecutive year is which Pendragon had been ranked number one. Swiss retail Emil Frey and British retail Sytner (a part of Penske Group) were placed second and third respectively.
Trevor Finn, Chief Executive, comments:
"We are delighted to be named biggest independent dealer in Europe. Pendragon is a home grown business and 2013 was a great year for us with record used car sales achieved and online performance surpassing expectations - growing by 22 per cent. 2014 is already off to a great start and we are confident we will continue to see another year of strong performance.
"Our success is testament to the spirit and commitment of our 9,000 team members so the thank you really goes to them."