Lithia on Sept. 18 said it planned to buy Pendragon’s dealership and fleet businesses in a $350 million deal. As part of that deal, Pinewood, Pendragon’s dealership management system, would be transformed into a standalone software company called Pinewood Technologies. Lithia would gain about a one-sixth ownership stake in that…Read More
AutoNation Inc makes an offer for Pendragon car dealerships TodayHeadline
