Lithia & driveway to form strategic partnership with pinewood technologies and acquire pendragon plc's fleet management and uk motor divisions

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.
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