Vertu Motors H1 in line despite weak UK market


Aug 21 (Reuters) - Vertu Motors Plc said on Thursday results for the six months ending Aug 31, 2008 will be in line with its expectations despite increasingly challenging market conditions in the UK used car sector. The UK's tenth-largest motor retailer said its sales volumes in both new and used cars remain ahead of prior period levels on a like-for-like basis, although used car margins are under continued pressure due to significant car value depreciation. It had said in July it was ...

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