Lithia And Driveway

Confidence in Pinewood riding high: Zeus Capital

Pinewood is poised to wrest market share from industry rivals operating in the UK’s £100 million dealership management system (DMS) market

DMS 6 Mar

Lithia takeover of Pendragon dealerships due to complete today

Today is the date that the deal between America's Lithia and Driveway and AM100 dealer group Pendragon is expected to be completed. leaving Lithia in charge of nearly 200 franchised dealerships in the UK.

Acquisition and disposal 31 Jan

Eyes now on AutoNation for Pendragon counter-bid

Reports suggest that America's AutoNation car dealer group is considering increasing its bid for Pendragon to snatch it from rival Lithia Motors.

Car dealer news 9 Oct

International bidder drops out of Pendragon takeover saga

One of the potential suitors of Pendragon, the UK car dealer group at the centre of takeover talks with several prospective buyers, has publicly backed out.

Car dealer news 4 Oct

USA's Lithia Motors to buy Pendragon in £250m deal to become UK's 2nd biggest dealer group

US-based Lithia Motors could be set to take over Pendragon's dealership and leasing businesses in a £250 million deal which would leave Pinewood, Pendragon's software division, behind as a standalone entity retaining Pendragon's stock market listing.

Car dealer news 18 Sep