July 30, 2020 / 8:27 AM / 11 days ago

Car dealership Pendragon to lay off 1,800 workers, shut stores

July 30 (Reuters) - British auto retailer Pendragon Plc said on Thursday it would slash 1,800 jobs and close 15 loss-making stores, adopting a leaner operating model as the coronavirus crisis hammers demand for cars.

The company said the store closures and redundancies were the result of a review that was commenced before the pandemic struck. (Reporting by Samantha Machado in Bengaluru; Editing by Vinay Dwivedi)

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