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Market fears hit retail stocks

For a short while it seemed as though the auto retail industry was on the road to recovery – at least as far as professional analysts and investors were concerned. But share movements in May have been largely

A strategy for the new market truth

The last two years have seen a marked fall in the UK auto retail industry’s new and used car volumes. It is clear the impact of the recession on the industry is likely to last for over 10 years and the scrappage

Auto retail stocks turn positive

After several months of volatility auto retail stocks seemed to find a positive direction during April, though the sentiment was more encouraging in the UK than elsewhere in the world. With the market showing signs of an

Inchcape plans share consolidation

International auto retail and distribution group, Inchcape, will ask shareholders at its AGM on May 13 to approve a share consolidation. The plan is for 10 existing ordinary shares to be consolidated into one new

Stockwatch: Mixed reaction to full-year results

Auto retail investors have spent the month considering the value of their holdings with many of the major groups reporting full year earnings for 2009. While the results have generally been better than expected, reaction

Finn calls for scrappage extension

Pendragon chief, Trevor Finn, today, called for the government to extend the scrappage scheme. "The rationale for ending it hasn’t taken in all the considerations," Mr Finn states. "I started off

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