PRIDE AUTOMOTIVE GROUP INC, 10QSB/A, 1996-09-03

PRIDE AUTOMOTIVE GROUP INC
10QSB/A, 1996-09-03
AUTO RENTAL & LEASING (NO DRIVERS)
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                     SECURITIES AND EXCHANGE COMMISSION
                            Washington, DC  20549

                                FORM 10-QSB\A



              QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d)
                   OF THE SECURITIES EXCHANGE ACT OF 1934

                      For the period ended May 31, 1996

                     Commission File Number     0-27944


                        PRIDE AUTOMOTIVE GROUP, INC.
           (Exact name of registrant as specified in its charter)

Delaware                                      98-0157860
(State or other jurisdiction of               (I.R.S. Employer
incorporation or organization)                Identification No.)



          Pride House, Watford Metro Centre, Tolpits Lane, Watford,
                              England  WD1 8SB
            (Address of principal executive offices)   (Zip Code)

                               (800) 698-6590
              (Issuer's telephone number, including area code)




Indicate by (X) whether Registrant (1) has filed all reports required to
be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12 months and
(2) has been subject to such
filing requirements for the past 90 days.  YES         NO

Common Stock, $.001 par value.  2,652,500 shares outstanding as of
May 31, 1996.




                PRIDE AUTOMOTIVE GROUP, INC. AND SUBSIDIARIES


                                    INDEX

                                                                            
                                                                     Page(s)

PART I.        Financial Information:

ITEM 1.        Financial Statements

               Consolidated Condensed Balance Sheets - May 31, 1996
               (Unaudited) and November 30, 1995

               Consolidated Condensed Statements of Operations
               (Unaudited) - Six and Three Months Ended May 31, 1996
               and 1995     

               Consolidated Condensed Statements of Cash Flows
               (Unaudited) - Six Months Ended May 31, 1996 and 1995 
 
               Notes to Interim Consolidated Condensed Financial
               Statements (Unaudited)         

ITEM 2.        Management's Discussion and Analysis of Financial
               Condition and Results of Operations     

PART II.       Other Information     


SIGNATURES

                                   Page 2.

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                             S I G N A T U R E S

       Pursuant to the requirements of the Securities and Exchange Act
of 1934, as amended, the Registrant has duly caused this Report to be
signed on its behalf by the undersigned thereunto duly authorized.

Dated:         September 3, 1996




                               PRIDE AUTOMOTIVE GROUP, INC.


                       By:     /s/ Alan Lubinsky
                               Chief Executive Officer

                       By:     /s/ Ivan Averbuch
                               Chief Financial Officer
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

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