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Pendragon

  • Pinewood Technologies sees double-digit growth amid push for expansion

    Tech

    Pinewood Technologies has reported a double-digit jump in profit as the group continues global expansion.

    Pinewood Technologies
  • Pinewood Technologies strikes deal with AI firm to bolster US expansion

    Tech

    Pinewood Technologies, formerly known as Pendragon, has entered into an advanced subscription agreement with Seez, known for its automotive AI tech, it announced today. Under the terms of the agreement, Pinewood Technologies, which is listed on the London Stock Exchange, said it had agreed to invest $4.2m (£3.2m) as part of a minority investment round. The [...]

    Pinewood Technologies
  • 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

    October 25, 2023

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

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