November 8, 2012 / 5:18 PM / 5 years ago

D'Ieteren Q3 profit slips almost a third as car sales slow

BRUSSELS, Nov 8 (Reuters) - Belgium's biggest car distributor D'Ieteren said on Thursday its third-quarter pretax profit fell by 28 percent as car dealers reduced their inventories and vehicles sold for less.

It repeated its expectation for pretax profit to slide by about a quarter in 2012, following the end of a tax break for eco-friendly vehicles.

D'Ieteren distributes the Volkswagen, Seat, Audi, Skoda, Bentley, Porsche and Lamborghini brands. (Reporting By Ben Deighton; editing by Barbara Lewis)

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