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.
The Boards of Directors of Pendragon and of Lithia Motors, Inc. , one of the largest automotive retailers in North America, are pleased to announce they have agreed the terms of a proposed sale by.
Dealer news roundup: Moves by Lithia, Chapman & Florida Fine Cars | Auto Remarketing autoremarketing.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoremarketing.com Daily Mail and Mail on Sunday newspapers.