Pinewood has entered into a five year contract with Global Auto Holdings to implement the Pinewood Automotive Intelligence platform into its 155 dealerships across the UK, North America and Scandinavia. This marks the largest non-associated major dealership group to adopt the Pinewood Automotive Intelligence platform. Roll-out and revenues are expected to commence in the UK by 2026. Roy Cui, Executive ...
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Global Auto Holdings, the owner of Lookers in the UK, is pushing further into Europe with plans to purchase to buy Danish distributor KW Brun (KWB). KWB is one of the largest Automotive Distributors in the Nordics with operations focused across Denmark and Sweden. The wall Street Journal reported the value of the business at $1.2bn. The acquisition remains subject ...
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The Motor Trader Top 200 Franchised Dealer Groups for 2024 features in the July August print edition of Motor Trader. It shows a sector experiencing huge interest in dealer groups from foreign investors, ongoing consolidation and a market building momentum after contraction in the pandemic. At the top of the listing there has been big change in ownership. Pendragon was ...
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