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Lithia Motors

  • Pinewood Technologies pivots to software after sale of legacy Pendragon business

    Tech

    On Thursday, Pinewood reported revenue of £24.5m from its software unit.

    On Thursday, Pinewood reported revenue of £24.5m from its software unit, while its discontinued car business brought in £4.3bn in 2023.
  • Shareholders wave through Lithia’s £397m Pendragon takeover

    Pendragon

    Pendragon said today that 99 per cent of voting shareholders had backed the £397m sale of its UK motor business to Lithia.

    Vertu chief executive Robert Forrestor said he was "pleased to report that trading remains positive" despite concerns over the ZEV mandate.

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