UK motor and leasing businesses of Pendragon sold to Lithia for $310 million.

UK motor and leasing businesses of Pendragon sold to Lithia for $310 million.

British automotive company Pendragon has announced that it will sell its UK motor and leasing businesses to Lithia for £250 million ($310 million). In addition to the sale, the two companies have agreed to a strategic partnership that includes the expansion of Pendragon’s dealer management software (DMS) business to North America. This partnership will involve […]

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