UPDATE 2-Pendragon sees stronger demand for used cars

Newswire

* Premium brands showing signs of recovery * Expects better margins for used cars in 2010 * 2009 pretax profit 10.1 mln stg, vs loss of 33.6 mln stg * Expects improved performance in 2010 * Shares up 2 percent (Adds detail, CEO, analyst comments, shares) By James Davey LONDON, Feb 23 (Reuters) - Car dealer Pendragon sees demand for upscale marques such as Maserati and Mercedes-Benz showing signs of recovery, helping this year's outlook as the auto sector grapples with the end ...

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