Latest Automotive Retail News

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.

Turners Automotive Group has updated its dividend details for the quarter ending March 2025, declaring a fully franked ordinary dividend alongside a supplementary unfranked payout and a Dividend Reinvestment Plan with a 2% discount.

Turners Automotive Group has announced a fully franked quarterly dividend of NZD 0.10588235 per share, alongside a supplementary unfranked dividend and a Dividend Reinvestment Plan offering a 2% discount.