Bapcor flags possible writedown for New Zealand business amid weak market

‘Frustrating’: Bapcor boss admits the turnaround is tougher than expected.

Thu, 06 Nov 2025

The New Zealand business of Australian-listed automotive parts and service group Bapcor is facing a write-down in some of its assets in a challenging market.In its first-quarter trading update, Bapcor said macroeconomic conditions in New Zealand deteriorated further and margins are being adversely affected as customers shift to lower-margin products, and price-based competition increases.“The current performance of the New Zealand segment indicates a potential impairment to the intangible assets,” said Bapcor, Asia Pacific’s l...

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