Pure-play software house Pinewood Technologies is eyeing expansion in the US dealership market after taking a £3.43 million stake in artificial intelligence (AI) specialist Seez.
Pinewood is poised to wrest market share from industry rivals operating in the UK’s £100 million dealership management system (DMS) market
Pendragon’s Pinewood Technology has launched a new online payment feature for car retailers’ aftersales departments – enabling customers to pay before collecting their car.
Pendragon has revealed that it suffered a £117.4 million loss after tax in 2019 in an annual results statement that revealed the full impact of “significant H1 losses”.
Pendragon’s profit before tax total slipped to a £44.4m loss in 2018 as revenues declined by 2.4% to £4.63bn in its annual results to December 31, 2018.
Trevor Finn's reign as Pendragon's chief executive is set to end.
Vauxhall retailer Thurlow Nunn has re-implemented Pinewood DMS across all 12 of its locations.
Drivers wanting to prepare for winter weather could see an increase on winter tyre demand, which dealers should capitalise on to increase profits.
