Jack Walsworth

Lithia Motors' latest acquisition of Jardine Motors Group gives it a sizable presence the United Kingdom and gives it exposure to the agency model.

Lithia is looking for the right partner in the UK and hopes to buy an auto group in the next few quarters.

Lithia Motors, which Sky News in August named as the unidentified bidder in a failed deal to buy Pendragon, is in talks to buy a different dealership group, the broadcaster reported.

Nick Gronenthal arrives at a crucial time as Volvo heads toward becoming an all-electric brand by early 2030.

For McLaren Automotive's small group of U.S. dealers, it's a time of high profitability and new or freshened facilities, says Nicolas Brown, McLaren's president of the Americas.

A report named Lithia as the unidentified bidder in a failed deal to buy Pendragon, one of the UK's largest auto retailers.

According to Sky News, Lithia Motors was the "large international corporate" that Pendragon cited in an August regulatory filing revealing buyout discussions between the parties had been terminated.

The move by the UK's largest publicly traded auto retailer caps a multiyear divestiture effort and marks a new beginning for the buyer.

While the SUV is seen as critical to the brand globally going forward, it should also get sales in the Americas region back on track.

By the end of 2026, all of McLaren's vehicles will be hybridized. The Artura plug-in hybrid, the first vehicle built on the McLaren Carbon Lightweight Architecture, is key in the automaker's transition.

The latest Bentayga Hybrid is powered by a 3.0-liter twin-turbocharged V-6 engine paired with an electric motor for a total of 443 hp and 700 newton meters of torque

As with prior LTs, the company focused on two engineering goals with the 765LT: more performance and less weight.

McLaren will wait until the middle of this decade to launch its next Ultimate Series model.

McLaren Automotive will be getting a critical product boost in 2021: the Artura plug-in hybrid. While the Artura is not McLaren's first hybrid, the model is considered the key cog in the automaker's transition to a 100 percent electrified portfolio.

The pivotal model for McLaren's transition to a 100 percent electrified portfolio has been named Artura.