Shares in the Pendragon car dealership group dropped almost 7 per cent after one of three bidders interested in buying the business decided to pull out of the running. Nottingham-based Pendragon said Sweden’s Hedin Mobility Group and Leicester-based PAG International – which owns the prestige Sytner dealership brand – had …
Read More »Workhorse Slammed After Missing Out on Postal Truck Contract
Shares of Workhorse Group (WKHS) – Get Report fell sharply Tuesday after the postal service awarded a potentially huge contract to build new delivery trucks to rival Oshkosh (OSK) – Get Report. Workhorse shares fell $14.88, or 47%, to $16.47 in the regular session. It continued to fall in after-hours …
Read More »East Yorkshire ship specialist’s major contribution to Extreme E race series
A specialist East Yorkshire business has overseen the multi-million pound refit of a former South Atlantic ferry ready for its new role as a floating motor racing paddock. The former Island of St Helena Royal Mail ship is in the final stages of a transformation into an ultra-efficient floating hub …
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