Latest Automotive Retail News

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.

Autosports Group is set to acquire ten Barry Bourke Motors dealerships in Victoria for $34 million, expanding its luxury automotive footprint and strengthening key manufacturer partnerships.

Eagers Automotive has successfully closed its retail entitlement offer, raising approximately A$310 million as part of a broader A$502 million equity raising to fund a major acquisition in Canada.

Turners Automotive Group has updated its dividend announcement, revealing a fully franked ordinary dividend and detailing the strike price for its Dividend Reinvestment Plan.

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.