Latest Automotive Retail News

Eagers Automotive has finalized its majority acquisition of CanadaOne Auto, positioning itself among the world’s largest automotive retail groups with combined pro-forma revenue nearing A$19 billion.

Eagers Automotive delivered a record $13 billion revenue in 2025, boosted market share in new and New Energy Vehicles, and secured landmark global partnerships to fuel future growth.

Turners Automotive Group Limited (NZX:TRA) has announced an ordinary dividend of NZD 0.10588235 per share for the quarter ending 31 December 2025, payable on 29 April 2026, with a fully franked component and a supplementary unfranked dividend. The company offers a dividend reinvestment plan (DRP) with a 2% discount and new shares to be issued under the plan.

Eagers Automotive is broadening its Australian footprint through strategic investments in multi-brand dealerships and premium Audi outlets, while advancing its international ambitions with CanadaOne Auto.

Bapcor has completed its retail entitlement offer, raising A$43.5 million as part of a broader A$200 million equity raising aimed at reducing debt and boosting financial flexibility.

Carma Limited delivered a robust H1 FY26 performance with a 102% surge in gross profit, driven by strong unit growth and strategic expansion of its Sell-to Carma locations and reconditioning capacity.

Bapcor Limited has postponed its half-year financial results release to no later than 27 February 2026 and is seeking an extension of its trading suspension, hinting at a potential capital raising.

Peter Warren Automotive Holdings reported a 3.2% revenue increase to $1.268 billion and more than doubled its profit after tax to $7.435 million in the first half of FY26, declaring a fully franked interim dividend of 3.0 cents per share.

Eagers Automotive Limited has announced a fully franked final dividend of AUD 0.50 per share for the financial year ending December 2025, signalling steady returns for shareholders.

Autosports Group Limited reported a robust half-year with revenue rising 10.9% to $1.52 billion and profit after tax more than doubling to $21.68 million. The company declared a fully franked interim dividend of 5 cents per share, reflecting confidence in its growth trajectory.

CAR Group Limited has announced a fully paid ordinary dividend of AUD 0.425 per share for the six months ending December 2025, accompanied by a Dividend Reinvestment Plan (DRP) with no discount.

MotorCycle Holdings Limited delivered a standout FY2025 with double-digit revenue and profit growth, underpinned by strong market share gains and operational efficiencies.