Lookers good for car sales giant

Car dealership Lookers said full-year profits were expected at the top end of City forecasts as trading in its spare parts division continued to storm ahead.

The firm, parent group of Scottish chain Taggarts, said the parts business improved profitability in the final quarter, boosted as motorists focus on keeping their vehicles on the road in the current economic climate.

The market is currently forecasting Lookers profits at between 31 million and 34m.