Lithia & Driveway Enters into a Strategic Partnership with Pinewood Technologies and Completes Acquisition for Pendragon PLCs Fleet Management and UK Motor Divisions

MEDFORD, Ore., Feb. 1, 2024 /PRNewswire/ — Lithia & Driveway (NYSE: LAD) announces today that it has completed the transaction with Pendragon PLC (“Pendragon”, to be renamed Pinewood Technologies Group PLC “Pinewood Technologies”) acquiring the UK motor and fleet management divisions of…