(Adds Avis, analyst comment, shares) BRUSSELS, Feb 24 (Reuters) - Belgian car retailer D'Ieteren beat market expectations with a 15 percent rise in 2004 net profit as strong growth in its core car distribution business outweighed falling car rental earnings. D'Ieteren, Belgium's biggest car distributor, said 2005's profits would be "roughly stable", although customer loyalty schemes and demand for new and recent Volkswagen models should lift distribution revenues more than 5 percent. ...
Premium Content (PAID Subscription Required)
"UPDATE 2-Car seller D'Ieteren's annual profit jumps 15 pct" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.