Petrol and diesel car ban delayed, rival bids for Pendragon, GAP insurance under FCA scrutiny, and Cazoo restructures debt – with Phill Jones, episode 126
Sep 22, 2023•1 hr 10 min•Season 2Ep. 127
Episode description
Lithia makes second bid for listed car dealer Pendragon with £280m offer
Shock rival bid to buy Pendragon from Hedin and Sytner-owner Penske rejected
Car dealers have their say on 2035 ban as some predict ‘it’ll never happen’
Manufacturers ‘will not change’ plans despite petrol and diesel car ban being pushed back
Car makers’ target to sell 22% EVs in 2024 will remain in place despite 2030 ban shifting
Car dealer warning as FCA targets GAP insurance that doesn’t ‘provide fair value’
Tributes pour in after used car dealer Dan Kirby tragically dies at 37
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