• Mon. Sep 25th, 2023

Pendragon Announces Sale of UK Motor and Leasing Firms to Lithia for $310 million: UPDATE two

ByEditor

Sep 18, 2023
Pendragon Announces Sale of UK Motor and Leasing Firms to Lithia for $310 million: UPDATE two

On September 18, Pendragon, a British automotive enterprise, announced its plans to sell its UK motor and leasing enterprises to Lithia for a total of £250 million ($310 million). Along with this sale, Pendragon will also enter into a strategic partnership with Lithia to expand its dealer management computer software (DMS) business enterprise into North America. As […]