middle.news
2 Cheap Cars delivers $3.2M profit amid EV surge and retail reshaping
6:31am on Friday 26th of June, 2026 AEST
•
Automotive Retail
Read Story
2 Cheap Cars delivers $3.2M profit amid EV surge and retail reshaping
6:31am on Friday 26th of June, 2026 AEST
Key Points
NPAT steady at $3.2 million, meeting guidance
Vehicle sales down 6% to 7,239 units with 61% EV/HEV mix
Opened Sylvia Park flagship yard, closed smaller sites
Record finance penetration at 31%, insurance at 44%
Read Story
middle.
Tap to Read
Tap the card to read the full analysis
about
2 Cheap Cars (NZX:2CC)
OPEN ARTICLE