Car Dealer News for 26-Jun-2007
'Car slump (The Scotsman: Business) Shares in Britain's biggest car dealer, Pendragon, have plummeted after the firm issued a profit warning.
'2007 Individual Analysis of the Top 57 Car Radio Dealer Companies inside the UK Today (Business Wire via Yahoo! Finance) DUBLIN, Ireland----Research and Markets has announced the addition of Car Radio Dealers - Portfolio Analysis to their offering.
'The never-ending story of car dealerships (Financial Times) A year ago this week, Sir Peter Vardy walked away from the Sunderland headquarters of Reg Vardy, the car dealer, signalling the end of an exciting takeover battle but reassuring his colleagues: "It is the end of the chapter, not the story."
'Car dealer issues profits warning (Guardian Unlimited) 2.15pm update: Pendragon has warned that a slowdown in consumer spending and fierce competition in the car market will blow a £20m hole in its profits this year. By Fiona Walsh.
'UK car dealer Pendragon issues profit warning (EARTHtimes.org) British car dealer Pendragon issued a profit warning Monday, saying its operating profits could be down by as much as 20 million pounds this year because of substantial slowdown in consumer spending.
'Statewide hunt for drug dealer (Adelaide Now) A DRUG dealer is being hunted by police over the murder of a West Beach man found dead in a car parked near a hospital's emergency department.
'Pendragon warns on used car market (Reuters via Yahoo! UK & Ireland News) Pendragon , the country's biggest car dealer, warned that a tough used car market would knock about 20 million pounds off this year's operating profit, hitting its shares and those of rivals.
'Former Reading auto dealer is denied probation program (Reading Eagle) Berks County, PA - A Berks County judge Monday denied a former Reading car dealer permission to participate in a special probation program on charges he failed to apply for state titles and registration for six cars.
'Used Car Slump To Dent Pendragon Profits (Ananova) Shares in Pendragon, the UK's biggest car dealer, have slid in the wake of a profits warning.
'Borrowing costs hit car dealer (Yorkshire Post Today) The UK's biggest car dealership has confirmed its business is suffering from rising interest rates. (26/06/2007 09:59:15)
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