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Logo of The Colonial Motor Company (NZX:CMO)Latest The Colonial Motor Company (NZX:CMO) News

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CMC gains balance-sheet strength as BYD expansion accelerates

CMC lifts dividend as debt and inventory fall, despite tougher vehicle market

The Colonial Motor Company (NZX:CMO) increased shareholder profit, lifted its annual dividend and sharply reduced borrowings and inventory in 2026. The New Zealand automotive group is entering a more difficult trading period, however, with price pressure, new-brand competition and a chair transition ahead.
Victor Sage
21 Sept 2026