Lithia Motors Inc. now owns more than one-quarter of the U.K.'s dealership management system provider Pinewood Technologies following purchases of nearly 5 million shares in the months since the group ...

Lithia Motors Inc., in a deal that combines its merger and acquisition prowess and future business strategies, has agreed to acquire the dealerships and fleet business of Pendragon, one of the largest ...

Lithia and Pendragon have signed agreements to enter a strategic partnership with Pinewood Technologies and for Lithia to acquire Pendragon's UK motor division and vehicle management division. "The ...

Lithia LAD signs a deal to partner with Pinewood Technologies and acquire the U.K. motor and fleet management divisions of Pendragon. The acquisition will help Lithia expand its presence in the U.K.

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The joint venture, launched Feb. 1, 2024, was established to co-develop and commercialize Pinewood’s dealership management system (DMS) for the North American market. Lithia Motors currently holds a ...

Lithia Motors Inc LAD said it intends to enter a strategic partnership with Pinewood Technologies and acquire the U.K. motor and fleet management divisions of Pendragon plc. The cash consideration for ...

Lithia’s LAD agreement to buy the U.K.’s third-largest auto dealer, Pendragon, as discussed in our Sept. 18 note, brought subsequent rival bids from Penske Automotive Group and AutoNation, both for 32 ...

SYSTEMS provider Pinewood is to supply a dealer management software (DMS) system to Suzuki's UK franchised dealers. The new system is compatible with all PCs fitted with Internet Explorer and can be ...

This dealer news roundup includes developments from both franchised and independent operations with activities happening in the U.S. and Europe. Beginning with Lithia & Driveway, the dealer group ...

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