Lotsof.net has been bought by Pitstop Automotive, part of the Pitstop Group.

Under Pitstop ownership, Lotsof.net will deliver an ongoing programme of website enhancements, including faster speeds and the streamlining of transactions.

“This is a significant and exciting acquisition for Pitstop,” said Jeremy Thorne, Pitstop Group managing director. “Lotsof dovetails nicely with our existing businesses and we intend to broaden the product offering during 2009.”

The Lotsof.net pricing has been restructured to offer a monthly subscription, with no hidden charges.