- Reuters
Volkswagen distributor D'Ieteren flags softer auto glass repair demand in N America
(Reuters) -Belgian car distributor D'Ieteren on Wednesday reported 3.06 billion euros ($3.30 billion) in first-quarter sales and flagged lower volumes for its auto glass repair business in North America due to milder weather. The group, which distributes Volkswagen, Audi, SEAT, Škoda cars in Belgium, reported combined sales of 3.83 billion euros over the same period a year earlier. Still, sales in Berlon, the company's auto glass repair unit and its biggest division, increased by 5.7% organically, as strong demand in Europe and other regions mitigated flat results in North America.
