Summary
MOTOR dealer Lookers warned full year profits will be at the lower end of expectations as fuel prices, vehicle tax changes and the credit crunch take their toll.
The national group, with more than 20 franchises across Merseyside and Cheshire, reported an 18.2% jump in revenues of pounds 1.04bn in the six months to June 30, aided by the acquisition of Dutton Forshaw, the motor retail division of Lloyds TSB Asset Finance.See the full content of this document
Extract
Lookers Warn of Car Profit Slump
But pre-tax profits fell from pounds 1...
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