News - Page 34
Sale of Pendragon dealerships brought £41m profit for Pinewood
Pendragon PLC's sale of all its Evans Halshaw and Stratstone dealerships and vehicle leasing businesses to Lithia netted a £40.7 million for the remainder of the business, which now continues as Pinewood Technologies PLC.
Supplier news
25 Apr
(UPDATED) No new incentives, but UK is "committed to keeping transition to EV affordable"
The UK Government has reiterated it is "committed to keeping the transition to electric vehicles affordable" in a response to members of the House of Lords who have been urging it to do more to ease motorists concerns about a future driving EVs to reduce tailpipe emissions.
Market insight
23 Apr