Pendragon are to close 75 dealerships 2500 people are to be made redundent. (over the last 14 months upto christmas)

There share price went from 60p to 6p over the last 6 months if memory serves me.

Heard this info at work today (VW) through vw internal internet site that keeps all dealers upto date on the market.

Bad news any one affected on here ?