UPDATE 1-D'Ieteren says first half sales down at auto unit

Newswire

(Adds details throughout) BRUSSELS, June 25 (Reuters) - Belgian car retailer D'Ieteren said on Wednesday sales fell at its auto retail unit in the first half of the year and reiterated a forecast of lower full-year results as the car market continues to contract. D'Ieteren, a majority shareholder in car rental firm Avis Europe , said new vehicle volume at its auto unit fell 16 percent to 46,100 and revenues fell four percent. "These developments, compounded by intense promotional ...

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