BL’s first quarter trading results have been encouraging, Sir Austin Bide, the chairman, said yesterday. But he said that the State-owned motor group faces a “challenging year” in which maintaining its market share will be “very difficult”. Speaking at the company’s annual meeting in London, Sir Austin refused to give figures about BL’s financial performance so far this year. He said, however, that the company’s results were better than in the first quarter of last year.
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