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Petrol and diesel car ban delayed, rival bids for Pendragon, GAP insurance under FCA scrutiny, and Cazoo restructures debt – with Phill Jones, episode 126 | Car Dealer Podcast - Listen or read transcript on Metacast

Petrol and diesel car ban delayed, rival bids for Pendragon, GAP insurance under FCA scrutiny, and Cazoo restructures debt – with Phill Jones, episode 126

Car Dealer Podcast

Sep 22, 2023•1 hr 10 min•Ep 127•Transcript available on Metacast

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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

Cazoo officially confirms ‘restructuring’ agreement which will ‘materially reduce debt’ of used car dealer