America's Lithia Motors has increased its acquisition offer for Pendragon by 42%, another £117 million, taking the amount being offered for all its Stratstone, Evans Halshaw, Carstore and PVM motor businesses up to £367 million.
American motor retailer AutoNation has now joined the bidding war for Pendragon, with its own 32p per share pitch matching the revised offer proposed by its US rival Lithia.
US-based Lithia Motors could be set to take over Pendragon's dealership and leasing businesses in a £250 million deal which would leave Pinewood, Pendragon's software division, behind as a standalone entity retaining Pendragon's stock market listing.
Autovista Group, the owner of UK car values brand Glass's, has been acquired by the global automotive data and analytics firm JD Power.
Shareholders in Lookers voted on the 130p per share takeover offer by Global Auto Holdings this week and a huge majority gave it their backing.
Its takeover of C&C Vehicle Services has led Steer Automotive Group to launch a new division focused on the repair of vans, trucks and other commercial vehicles.
Greenacre Honda dealerships in Blackburn and Clitheroe have been bought by Marshall Motor Group
Peter Vardy Group expands with Aberdeen acquisition of a MG car franchise from Gillanders
Eden Vauxhall in Branksome, Poole, has been bought by Hendy Group which aims to grow its links with Stellantis brands.
Steer is continuing to expand at a rapid pace with the addition of 32 locations with the acquisition of Apollo Motor Group and Balgores Motors.
Family-owned Peter Cooper Motor Group has acquired Viking Garages Kia for an undisclosed sum to expand its operations in Dorset, Hampshire, and West Sussex.
The Competition and Markets Authority has reversed its previous decision regarding Copart's acquisition of Hills Motors.
The takeover of AM100 dealer group Lookers by Canada's Alpha Auto Group, through its UK entity Global Auto Holdings, has marked the start of a new chapter for the UK's third largest motor retailer.
Lookers’ chief executive and interim chairman are recommending a £465.4 million takeover bid by Canada’s Alpha Auto Group (AAG).
Netherlands-based motor retailer Van Mossel has announced its takeover of the UK car dealer Jacksons Group, which represents 29 automotive brands in the Channel Islands, the Isle of Man and the Isle of Wight.
Sweden-based Anders Hedin has said he will seek expansion in the UK since gaining his first businesses here with the Mercedes-Benz brand.
John Banks Group is opening three new dealerships in Colchester with a multi-site Honda cars, motorcycles and Mazda business.
Copart has said it is ready to challenge concerns from the Competition and Markets Authority (CMA) over its Hills Motors acquisition.
AM100 car and commercial vehicle dealer Greenhous Group has acquired Shrewsbury-based commercial vehicle bodybuilder Bulkrite Limited for an undisclosed sum.
Vertu Lease Cars, part of AM100 motor retailer Vertu Motors, has been sold to UK Carline for an undisclosed sum.
