US agency Lithia has hiked its provide to purchase rival Pendragon’s UK motor and leasing enterprise.It comes amid a three-way bidding battle additionally involving US automotive retail large AutoNation and Sweden’s Hedin, which already owns a 28% stake in Pendragon.Last month, Pendragon stated it...
European inventory markets began October with out a lot positivity on Monday regardless of legislators on the opposite aspect of the pond reaching a deal to maintain the US authorities open.The FTSE 100 closed the day down 1.3% or 97.36 factors, ending at 7,510.72.It...
The UK’s prime inventory index languished on Wednesday as meagre positive factors for power and mining shares did not offset heavier afternoon losses.The FTSE 100 misplaced positive factors from earlier within the day and closed firmly within the pink as traders proceed to be...
Car dealership agency Pendragon is ready to promote its UK motor enterprise, together with CarStore and luxurious car gross sales agency Stratsone, with the intention to deal with the gross sales administration tech it affords to different dealerships.US large Lithia, which is valued at...
Car dealership agency Pendragon will promote its UK motor enterprise, together with manufacturers akin to CarStore and Stratsone, because it focuses on its dealership administration know-how as a substitute.US big Lithia, with annual revenues of greater than $20 billion, will purchase Pendragon’s dealerships for...
