Lookers warns on full-year profit, hurt by weaker demand
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(Reuters) - Car dealership chain Lookers Plc on Friday warned that underlying pretax profit for the full year would fall below its expectations as it battled weaker car demand in Britain and margin pressures.The news comes a week after its finance chief stepped down and as it faces an investigation by Britain's financial watchdog related to its sales processes over the last three years.The company said trading in the quarter ended June 30 had proved to be "increasingly more challenging,"..