Turners ready to help Kiwis replace almost 1m old clunkers

Turners ready to help Kiwis replace almost 1m old clunkers
Brent Melville
Turners Automotive Group is gearing itself for the looming requirement for New Zealanders to replace almost 1 million cars over the next few years.The country's largest auctioneer-turned-car-retailer said while the softening of the pre-owned car market last year had continued into the early part of 2020, underlying demand remained robust, driven by New Zealand’s ageing fleet, with about 950,000 vehicles, or 20 percent of the nation’s on road cars, “at or very near the scrapping age.”That ‘scrapping ag...

More Retail

Card spending eases in November vs October
Retail

Card spending eases in November vs October

But there is cheer for the hospitality industry. 

ForBarr raises Hallenstein Glasson target price 20%
Retail

ForBarr raises Hallenstein Glasson target price 20%

The outlook in the golden country is golden, they say.

Gregor Thompson 11 Dec 2024
Supermarkets say ‘errors’ behind ComCom criminal charges
Retail

Supermarkets say ‘errors’ behind ComCom criminal charges

ComCom has filed criminal charges against Woolworths and two Foodstuffs supermarkets. 

Gregor Thompson 11 Dec 2024
NZSA opposes Hallensteins chair re-election
Retail

NZSA opposes Hallensteins chair re-election

Hallenstein Glasson chair Warren Bell was appointed to the board in 1986.

Gregor Thompson 10 Dec 2024