Welcome to our dedicated page for Pinewood Tech news (Ticker: PINWF), a resource for investors and traders seeking the latest updates and insights on Pinewood Tech stock.
Pinewood Technologies Group PLC (PINWF), also referred to as Pinewood.AI in company communications, is a technology business focused on cloud-based software for the automotive retail industry. News about Pinewood often centers on its Pinewood Automotive Intelligence™ platform, its partnerships with automotive retailers and OEMs, and developments in its international expansion strategy.
One key area of coverage involves Pinewood’s strategic relationship with Lithia & Driveway. Company announcements describe a North American joint venture formed to commercialize the Pinewood Automotive Intelligence™ platform and deploy Pinewood’s DMS platform and layered applications across Lithia’s North American footprint. News updates have also highlighted an agreement for Pinewood.AI to acquire Lithia’s 51% interest in this joint venture through the issue of new ordinary shares, giving Pinewood full ownership of the North American platform.
Readers following PINWF news can expect updates on contracts and rollouts of Pinewood’s software, particularly the five-year contract committing to deploy the Pinewood Automotive Intelligence™ platform across all of Lithia’s current and future dealerships in the United States and Canada by the end of 2028. Coverage may also touch on Pinewood’s partnerships with OEM brands, its user base across multiple countries, and statements from the company regarding its growth strategy in the automotive retail software sector.
This page aggregates news items, press releases and other public announcements related to Pinewood Technologies Group PLC and its OTC symbol PINWF. Investors and industry observers can use it to monitor developments in Pinewood’s automotive software platform, its relationship with Lithia, and its efforts to expand in North America and other markets.