Latest Automotive Acquisitions News

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Peter Warren Automotive’s planned acquisition of Wakeling Automotive hits a regulatory and timing impasse as vendors refuse to extend the deal’s Sunset Date despite ACCC application adjustments.
Victor Sage
Victor Sage
2 July 2026
Peter Warren Automotive has withdrawn its initial ACCC application for the Wakeling Automotive acquisition, opting to submit a fresh Phase 1 proposal with remedies to secure regulatory approval.
Victor Sage
Victor Sage
12 June 2026
The ACCC has moved Peter Warren Automotive’s acquisition of Wakeling Automotive’s 30 dealership sites into a Phase 2 review amid concerns it could dominate Sydney’s Macarthur region new car market, controlling 25 of 33 dealerships locally.
Victor Sage
Victor Sage
2 June 2026
Connexion Mobility Ltd has agreed to acquire Hallam Road Automotive in a A$5 million deal expected to immediately lift earnings per share by up to 35% and reduce exposure to foreign exchange fluctuations.
Victor Sage
Victor Sage
22 May 2026