U.K. Car Dealer Sees Continued Profits, Sales Growth

Newswire

  LONDON, Oct 28 (Reuters) - Car dealer Pendragon expects full-year profit to beat market expectations as new car sales continued to rise in Britain, bucking the negative trend across much of continental Europe. The company on Monday said the volume of new car sales rose 15.6 percent in the first nine months of 2013, with an 8.9 percent uplift in used car sales. The owner of the Stratstone, Evans Halshaw and Quicks dealerships said website visits were up 23.5 percent over the ...

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