I.A. Hedin Bils interim report Q2
Reduced new car volumes had a negative effect on the profitability, while the used car market continued to develop positively.The second quarter saw a decrease in new car sales, while Hedin Bil continued to increase market shares. Sales of used cars showed a positive development. Aftermarket services increased while margins decreased due to investments.It is particularly pleasing that we launched the Hedin Auction website during the second quarter, which isanother example of our broadened digital offer. Hedin Auction is initially an auction site targeted at dealers for vehicles that