AutoNation, one of America’s largest retail groups, has joined the race to takeover Pendragon with a 32 pence-a-share offer which matches the current bid from the combined forces of Hedin Mobility...
Read moreHedin Mobility Group and Sytner owner Penske have increased their offer for Pendragon to 32 pence a share in a bid to stop the takeover by US firm Lithia which owns Jardine Motors. The move comes two...
Read moreA second offer in three days for Pendragon has sent shares in the business up more than 12% and raised the prospect of a bidding war for the dealer group. The new offer of 28 pence a share for the...
Read moreChina is world’s largest automotive market and producer. One in three of all the world’s vehicles are made in China (including European-branded models such as the Volvo XC40 Recharge and BMW iX3;...
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