Pendragon PLC

Pinewood Asia Pacific takes next legal step against Pendragon subsidiary

Retrieved on: 
Thursday, February 1, 2024
Petitioner, PLC, Mergers and acquisitions, Dealership management system, PWAP, DMS, Pendragon PLC, High court, Sale, Pendragon

LONDON, Feb. 1, 2024 /PRNewswire/ -- Pinewood Asia Pacific (PWAP), an Asian-based technology supplier, has taken legal action in the US, in relation to their ongoing dispute with Pinewood Technologies PLC (PWUK) being heard in the UK.

Key Points: 
  • LONDON, Feb. 1, 2024 /PRNewswire/ -- Pinewood Asia Pacific (PWAP), an Asian-based technology supplier, has taken legal action in the US, in relation to their ongoing dispute with Pinewood Technologies PLC (PWUK) being heard in the UK.
  • PWAP alleges contract breaches by Pendragon subsidiary PWUK  in their reseller agreement, resulting in PWAP being unable to fulfil contracts it had devoted time and resources into building.
  • All Documents relating to the sales, distribution, and/or actual or planned expansion of PWUK's Dealer Management System ("DMS") in the Asia Pacific region.
  • Pinewood Asia Pacific Director Josephine Lee said, "We believe crucial evidence and information will be obtained during this process that will assist in proving our case and the actions of Pinewood Technologies UK (and the extent to which Pendragon was aware of, or complicit in, those actions).

Lithia & Driveway Enters into a Strategic Partnership with Pinewood Technologies and Completes Acquisition for Pendragon PLCs Fleet Management and UK Motor Divisions

Retrieved on: 
Thursday, February 1, 2024
Partnership, Growth, Jardine Motors Group, OEM, Royal Tunbridge Wells, LAD, Transport, Pendragon PLC, Acquisition, Lithia, BMW, Software as a service, London Stock Exchange

MEDFORD, Ore., Feb. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC ("Pendragon", to be renamed Pinewood Technologies Group PLC "Pinewood Technologies") acquiring the UK motor and fleet management divisions of Pendragon, the UK's third largest automotive dealership group and forming a strategic partnership with Pinewood Technologies.

Key Points: 
  • MEDFORD, Ore., Feb. 1, 2024 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC ("Pendragon", to be renamed Pinewood Technologies Group PLC "Pinewood Technologies") acquiring the UK motor and fleet management divisions of Pendragon, the UK's third largest automotive dealership group and forming a strategic partnership with Pinewood Technologies.
  • Pinewood's dealer management software remains listed on the London Stock Exchange under the name Pinewood Technologies plc and will become a pure-play software-as-a-service (SaaS) business.
  • These additions build on the final adjacencies contemplated in the company's strategic design outlined in 2020 and growth in the United Kingdom.
  • Bryan DeBoer, Lithia & Driveway President and CEO, said:
    "Today marks the formal completion of our investment in Pinewood and Pendragon.

Lithia & Driveway to Form Strategic Partnership with Pinewood Technologies and Acquire Pendragon PLC's Fleet Management and UK Motor Divisions

Retrieved on: 
Monday, September 18, 2023
Pendragon, Lithia & Driveway Fields, Partnership, Acquisition, NYSE, Pendragon PLC, Rare-earth element, Airline, Lithia

MEDFORD, Ore., Sept. 18, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD, "Lithia") announced today that it intends to enter a strategic partnership with Pinewood Technologies and acquire the UK motor and fleet management divisions of Pendragon plc ("Pendragon"), the UK's third largest automotive dealership group.

Key Points: 
  • MEDFORD, Ore., Sept. 18, 2023 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD, "Lithia") announced today that it intends to enter a strategic partnership with Pinewood Technologies and acquire the UK motor and fleet management divisions of Pendragon plc ("Pendragon"), the UK's third largest automotive dealership group.
  • This acquisition will round out Lithia's presence in the UK market and is expected to generate over $4.5 billion USD in annual revenues.

United States Used Car Market Report 2021-2025 Featuring TrueCar, Pendragon, CarMax, AutoNation, Asbury Automotive, & Penske Automotive Among Others - ResearchAndMarkets.com

Retrieved on: 
Wednesday, August 25, 2021
General Automotive, Other Automotive, Automotive, Industry, CAGR, Amazon (company), AutoNation, CarMax, Growth, EBay, Pendragon PLC, Retail, Online shopping

The "Used Car Market in the US 2021-2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Used Car Market in the US 2021-2025" report has been added to ResearchAndMarkets.com's offering.
  • The report on used car market in US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current US market scenario, latest trends and drivers, and the overall market environment.
  • The used car market in US analysis include product segment and distribution channel segment.

A&L Motor Sales Unveils State-of-the-Art Showroom for Jaguar and Land Rover

Retrieved on: 
Tuesday, December 1, 2020
Luxury, Retail, General Automotive, Automotive, Performance & Special Interest, British brands, Car classifications, Cars, Motor vehicles, Jaguar Cars, Rover, Jaguar Land Rover, Pendragon PLC

As part of its $15 million overall renovation, A&L Motor Sales today announced the completion of its new, state-of-the-art Jaguar and Land Rover showroom.

Key Points: 
  • As part of its $15 million overall renovation, A&L Motor Sales today announced the completion of its new, state-of-the-art Jaguar and Land Rover showroom.
  • View the full release here: https://www.businesswire.com/news/home/20201201006155/en/
    Monroeville luxury dealership unveils a brand new Jaguar and Land Rover showroom featuring cutting-edge technology and an impressive open floor plan.
  • (Photo: Business Wire)
    Our goal is to create an elegant, comfortable atmosphere for our customers, said Brian Lamfrom, Owner, A&L Motor Sales.
  • Founded in 1948, A&L Motor Sales is a family owned and operated luxury automotive dealership of BMW, Land Rover and Jaguar.

Group 1 Automotive Expands Responsibility of U.S. Leader

Retrieved on: 
Thursday, October 31, 2019
Automotive industry, British brands, Group 1 Automotive, Rover, BMW, Jaguar Cars, Barons Group, Pendragon PLC

HOUSTON, Oct. 31, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"),an international, Fortune 500 automotive retailer, today announced that effective November 1, 2019, Daryl Kenningham, President, U.S. Operations, will also assume responsibility for the Company's Brazilian automotive operations.

Key Points: 
  • HOUSTON, Oct. 31, 2019 /PRNewswire/ -- Group 1 Automotive, Inc. (NYSE: GPI), ("Group 1" or the "Company"),an international, Fortune 500 automotive retailer, today announced that effective November 1, 2019, Daryl Kenningham, President, U.S. Operations, will also assume responsibility for the Company's Brazilian automotive operations.
  • Group 1 operates 17 dealerships representing the Honda, Toyota, BMW/MINI, and Jaguar/Land Rover brands throughout the states of So Paulo and Paran in Brazil.
  • Previously, the Company's Brazilian management team was overseen by Earl Hesterberg, Group 1's President and Chief Executive Officer.
  • Group 1 owns and operates 184 automotive dealerships , 240 franchises, and 49 collision centers inthe United States, theUnited KingdomandBrazilthat offer 31 brands of automobiles.

A&L Motor Sales Completes Detail, Service & Collision Centers as Part of 8.5-Acre Renovation

Retrieved on: 
Tuesday, September 3, 2019
Other Consumer, Fleet management, Women, Luxury, Aftermarket, Automotive, MEN, Retail, Consumer, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, Other Automotive, General Automotive, Automotive industry, Cars, Car classifications, British brands, Jaguar Cars, Rover, BMW, Jaguar Land Rover, Pendragon PLC

Following months of extensive construction, A&L Motor Sales, the leading BMW, Land Rover and Jaguar automotive dealership in the Greater Pittsburgh Area, announces the completion of its new detail, service and collision centers.

Key Points: 
  • Following months of extensive construction, A&L Motor Sales, the leading BMW, Land Rover and Jaguar automotive dealership in the Greater Pittsburgh Area, announces the completion of its new detail, service and collision centers.
  • This renovation is truly a passion project for us, said Brian Lamfrom, Owner at A&L Motor Sales.
  • Founded in 1948, A&L Motor Sales is a family owned and operated luxury automotive dealership of BMW, Land Rover and Jaguar.
  • The dealership boasts two showrooms, a service center, a detail center and the only local dealer-owned certified collision centers for BMW, Land Rover and Jaguar.

Lithia Motors Welcomes Jaguar Land Rover Mission Viejo, CA

Retrieved on: 
Tuesday, July 2, 2019
Automotive, Retail, General Automotive, Specialty, Fleet management, British brands, Automotive industry, Cars, Transport, Pendragon PLC, Rover Company, Jaguar Land Rover, Rover, Jaguar Cars, Lithia Motors, Lithia

Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Jaguar and Land Rover in Mission Viejo, California.

Key Points: 
  • Lithia Motors, Inc. (NYSE: LAD) announced today the addition of Jaguar and Land Rover in Mission Viejo, California.
  • The team joins Lithia's nationwide family and represents the first Jaguar Land Rover location in the growing network.
  • "We're excited to welcome the existing Jaguar Land Rover team and we thank the Pendragon organization for choosing Lithia to follow in their footsteps.
  • He added, "These are our first Jaguar and Land Rover franchises and we look forward to becoming a top performer with our new partner.