UPDATE 2-Car dealer Pendragon's profit up, eyes acquisitions

Newswire

(Adds CEO interview, details; updates shares) LONDON, Feb 17 (Reuters) - Britain's Pendragon Plc said on Thursday it would go back on the acquisitions trail after the purchase of a rival early last year helped the UK's biggest car dealer post a 47 percent rise in 2004 profit. The specialist in prestige and luxury cars said it accounted for only about 3 percent of the UK car market despite being twice the size of its nearest rival, giving it scope for further involvement in market ...

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