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UPDATE 1-D'Ieteren says Q1 pretax result down about 6 pct

Fri May 15, 2009 2:56am EDT

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* Repeats sees 2009 pretax pft down by about 10 pct vs 2008

* Says D'Ieteren Auto sales declined by about 10 pct in Q1

* Says D'Ieteren Auto improving market share continuously

(Adds detail)

BRUSSELS, May 18 (Reuters) - Belgium's largest car distributor D'Ieteren (IETB.BR) said on Friday its first-quarter pretax profit was down about 6 percent, and repeated it saw its full-year result down about 10 percent from 2008.

It said D'Ieteren Auto sales dropped by about 10 percent in the first quarter, though it said D'Ieteren Auto was improving its market share continuously.

D'Ieteren has a majority stake in Europe's biggest car rental company Avis (AVE.L) and in Belron, a vehicle glass repair and replacement business.

D'Ieteren distributes the Volkswagen (VOWG.DE), Seat, Audi, Skoda, Bentley, Porsche (PSHG_p.DE) and Lamborghini brands.



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