News - Page 33
Motorpoint fights to stem losses, £1m cost of redundancies
Motorpoint has been cutting jobs, reducing stock purchase costs and halting its expansion plans as it fights to stem financial losses which the national car supermarket chain blames on difficult macroeconomic conditions.
Car dealer news
5 Oct
Lithia adds an extra £117 million to its Pendragon acquisition offer
America's Lithia Motors has increased its acquisition offer for Pendragon by 42%, another £117 million, taking the amount being offered for all its Stratstone, Evans Halshaw, Carstore and PVM motor businesses up to £367 million.
Car dealer news
2 Oct