Latest Automotive Dealerships News

The ACCC has moved Peter Warren Automotive’s proposed acquisition of 30 Wakeling Automotive dealerships to a Phase 2 review, citing risks of reduced competition in Sydney’s Macarthur region.

Peter Warren Automotive Holdings is set to acquire Wakeling Automotive, adding 16 brands and 30 dealerships to its portfolio and boosting its presence in the fast-growing Western Sydney market.

Peter Warren Automotive reports a strong FY25 with underlying profit before tax of $22.3 million, driven by disciplined inventory and cost management. The company declares a 4 cent fully franked dividend and signals confidence in growth through innovation and acquisitions.

Peter Warren Automotive Holdings reported a steady FY25 underlying profit before tax of $22.3 million, maintaining revenue despite a challenging new car market and declaring a final dividend. The group’s strategic focus on cost control, inventory discipline, and acquisitions underpinned its resilience.

Peter Warren Automotive Holdings signals a stronger finish to FY25 with an expected $22 million underlying profit, driven by strategic marketing and cost efficiencies. Investors await the full results due in August.