INDUSTRY AWAITS LABOUR PLANS FOR UK EV POLICY ‘SHAMBLES’ FCA’S SHELDON MILLS PROFILED KPMG LOSES PINEWOOD MOTORPOINT’S CARPENTER SELLS 100,000 SHARES CINCH FD REMAINS IN PLACE FIRST CHINESE...

PETER VOSPER LEADS NFDA AWARD WINNERS MOBILIZE TO BECOME RENAULT’S FIFTH BRAND JOE DUFFY UPS STAKE IN VERTU COX FORECASTS OVER 2m NEW CAR SALES IN 2024 SWANSWAY TURNOVER NEARS £1bn IN PROFITABLE...

Pinewood Technologies investors – the software business carved out from the sale of Pendragon’s retailers to Lithia last year – are to receive a £358m capital return. The special dividend of...

FORD AGENCY U-TURN NFDA SURVEY EXPECTED TO SHOW IMPROVEMENTS CAZOO CEO PAUL WOODHEAD OFFICIALLY STEPS DOWN PINEWOOD PAYS OUT £358m PENDRAGON RETURN MOTORPOINT IMPROVES BUT ZEUS REMAINS NEUTRAL US...

FCA LOANS INVESTIGATION ‘NOT BLACK AND WHITE’ OCTOPUS BORROWS £550m TO DOUBLE EV LEASING FLEET PEBLEY BEACH’S DOMINIC THRELFALL RETIRES JCB GROUP RENEWS BCA REMARKETING DEAL VINFAST BEGINS RHD...

US dealer group Lithia has significantly upped its offer for Pendragon. Lithia, one of the three groups bidding for Pendragon, has increased its total offer to £397 million, up from the original...

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...

Hedin 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...

A 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...

US group Lithia has agreed to buy Pendragon’s UK auto retail and leasing operations, including the Evans Halshaw and Stratstone divisions, for £280 million. Under the agreement, the Pendragon PLC...

Hearings for the High Court legal challenge to Pendragon software business Pinewood have begun. Justice Joanna Smith took application hearings last Wednesday and Thursday. Pinewood Technologies Asia...

COLLINSON RETIRES FROM SYTNER PENDRAGON PINEWOOD COURT HEARINGS UNDERWAY STONEACRE ADDS ANOTHER MAXUS RETAILER 70 YEARS OF VOLKSWAGEN IN UK MERCEDES-BENZ WORLD PLUG GOODWOOD GAP LITHIA EYES FURTHER...

Vauxhall retail group Thurlow Nunn has reported a £3.7 million loss before tax for 2018, despite turnover growing 34% to £105.8m. The Kings Lynn-based company (which successfully re-signed all of...

THURLOW NUNN BLAMES DMS FAILURE FOR LOSS CITROEN MOVES TO STOP FALLING RoS MERCEDES RETAIL LOSSES SWELL TO £29m JOHN CLARK PROFITS HALVE IN 2018 LOOKERS HR BOSS MOVES ON VW COULD FLOAT LAMBORGHINI...

 Pressure on dealer management software companies to integrate their software with ever evolving motor manufacturer systems is intensifying, according to DMS specialist Pinewood. The company...

Late last year, Pinewood completed a project to win approval from Volvo Car UK for its dealership network. The company’s Pinnacle DMS now provides Volvo retailers with full integration into...

Dealer management systems specialist Pinewood has identified the top five areas where a DMS can help auto retailers to identify their true operating costs and take action to manage expenditure. Based...

One of the first dealerships to make use of Pinewood’s new online training service for the Pinnacle DMS has been the Inverness-based Vauxhall retailer, Autovision – initially for...

Motor retailers can now automatically check their employees’ driving licences online with a new product called Licence Link from DMS provider Pinewood. Once the basic driving licence information...

Motor retailers turning to their customer databases to boost sales as the credit crunch bites are finding them full of old and useless information. The problem is compounded by the fact that...