JLR intends to move to a ‘direct-to-sales’ agency model at the back end of 2024. While other manufacturers have pushed back their agency plans, UK MD Patrick McGillycuddy said JLR will go agency across the whole business and the firm has been working with partners for the past two years on the project. He insisted the human element will […]
Read More →Halfords is the target of a £1.4bn merger approach by van rental firm Redde Northgate. Discussions took place over the past few months and a nil-premium merger was initially proposed. The initial proposal was abandoned due to disagreements over price. It is now understood Redde Northgate, who’s non-executive chairman is Avril Palmer-Baunack, could mount a […]
Read More →US dealer group Lithia has significantly increased its offer for Pendragon. Lithia, one of the three groups bidding for Pendragon, has upped its total offer to £397 million, up from the original £280m. Vote Rescheduled The new offer comes five days ahead of a proposed vote on the deal, due this Friday. This vote has […]
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