Latest Automotive Retail News

Turners Automotive Group Limited has announced a fully franked ordinary dividend for the quarter ending June 2025, accompanied by a dividend reinvestment plan offering a 2% discount.

Eagers Automotive has successfully raised A$452 million through a discounted entitlement offer and strategic placement, reinforcing its growth ambitions with strong institutional backing and a key alliance with Mitsubishi Corporation.

Eagers Automotive Limited is set to acquire a controlling 65% interest in CanadaOne Auto Group in a transaction valued at C$2.145 billion, with closing anticipated in early 2026.

Eagers Automotive Limited has announced a fully franked interim dividend of AUD 0.24 per share for the half-year ending June 2025, signaling steady returns for shareholders.

Autosports Group Limited reported a robust FY25 with normalised NPBT of $47.1 million, driven by strategic acquisitions and greenfield expansions. The company is poised for further growth in FY26, targeting a doubling of its Mercedes-Benz footprint and continued market consolidation.

Autosports Group Limited reported a record $2.865 billion revenue for FY25 alongside strategic acquisitions set to fuel growth in FY26. The luxury automotive retailer is capitalizing on improving market conditions and expanding its footprint with new dealerships and property purchases.

Autosports Group Limited reported solid revenue growth for FY2025 but saw its profit after tax nearly halve, impacted by acquisition expenses and amortisation. The company also declared a fully franked final dividend and expanded its footprint through a key acquisition.

Peter Warren Automotive Holdings reported a modest revenue increase but a sharp profit decline in FY25, unveiling a new CEO and a refreshed growth strategy to tackle industry challenges.

CAR Group Limited has announced a fully franked ordinary dividend of AUD 0.415 per share for the six months ending June 2025, alongside a dividend reinvestment plan offering shareholders a choice to reinvest without discount.

Autosports Group is set to acquire Gulson Canberra, including the Porsche Centre Canberra, marking its entry into the Australian Capital Territory market and reinforcing its luxury brand strategy.

CAR Group announces a leadership transition with CFO William Elliott set to succeed long-serving CEO Cameron McIntyre, alongside an upbeat FY25 financial outlook signaling robust revenue and profit growth.

Autosports Group has inked a $350 million syndicated revolving credit facility, streamlining its capital structure and boosting financial flexibility to support future expansion.