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...

The automotive industry is going through a really interesting time, particularly with regard to the regulatory environment, with the FCA’s new Consumer Duty coming through which is set to have a...

I am fortunate enough to have sat on both the supply side and buy side of a number of companies across multiple sectors over the years, and in both cases, the involvement of procurement can be a...