Monday, January 14, 2008
Car dealer groups suffer stock exchange slump
Automotive Retail equities in the UK experienced a tumultuous end to the year as share prices among the major companies plummeted.
Pendragon, the UK's largest dealer group, recorded the most significant dip in its share price, which ended the year at less than a quarter of the peak it reached in the middle of 2007.
The giant group's shares were nearly 65 per cent off their 2007 opening level.
DATED: 14.01.08
FEED: MT
