Turners shifts gears: Automotive group eyes $70m revenue in repairs and servicing

Turners shifts gears: Automotive group eyes $70m revenue in repairs and servicing
My Auto Shop now has 21 employees, with 15 mechanics, Turners says. (Image: My Auto Shop)
Rebecca Stevenson
Turners Automotive Group says a 2% share of the auto repairs and servicing market could bring in up to $70 million in revenue. The New Zealand Exchange-listed firm reported its result for the six months to Sept 30 on Monday and despite tough trading conditions for its car sales business reported a rise in profit to $19.3m. This was Turners' first result since it took a 50% stake in online booking platform and auto repair business My Auto Shop. Turners said on Monday after five weeks of ownership that My Auto Shop had opened i...

More Markets

NZ sharemarket starts new week up 0.2%
Markets Market Close

NZ sharemarket starts new week up 0.2%

The S&P/NZX 50 Index closed at 13,499.04, up 34.58 points or 0.26%.

Graham Skellern 17 Nov 2025
The Warehouse CEO Mark Stirton unveils cost reset amid margin pressure
Retail

The Warehouse CEO Mark Stirton unveils cost reset amid margin pressure

Continued margin pressure and an unsustainable cost base have led The Warehouse Group to implement a comprehensive cost reset programme, something which could see head office roles slashed to save costs.Chief executive Mark Stirton said the group’s shareholders expect decisive ac...

Staff reporters 17 Nov 2025
Banks accelerate crackdown on ‘mule’ scammers
Finance

Banks accelerate crackdown on ‘mule’ scammers

New technology picks up crooked “muleteers” more quickly.

Andy Macdonald 17 Nov 2025