Subscribe today - find out more
Why you should consider BusinessDesk

Who’s telling porkies about car sales?

Jenny Ruth
Mon, 26 Nov 2018

By Jenny Ruth Nov. 27 (BusinessDesk) - Turners Automotive Group says it had a dreadful October and, that if those conditions continue, its annual pre-tax profit could be down 5-10 percent on its guidance. The downturn has been bigger in Auckland and “we think it’s a cost of living pressure,” says chief executive Todd Hunter. Rising fuel costs, in particular, haven’t helped. Turners sells used cars and it says sales of imported used cars into New Zealand fell 8.6 percent in the six months ended September while sales of imports into A...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

The Bose QC45 are simply great headphones
Henry Burrell | Sat, 04 Dec 2021

They’re feature-light compared to some rivals, but top-end noise cancellation and supreme comfort make these headphones a fine buy. 

On the Money
On the Money: Greg Foran's golden words, Colin Neal, Chris Meehan, and more
Rebecca Stevenson | Sat, 04 Dec 2021

OTM this week: the value of a broken-down old shopkeeper, Colin Neal's next Move, Chris Meehan's real meaning of long-term, and more. 

Long live the broker, the broker is dead
Brian Gaynor | Sat, 04 Dec 2021

An increase in direct listings on the NZX is a welcome development, but they won’t gain any significant traction until brokers embrace them.

Creating a sustainable transport future today

TR Group assist businesses with the journey of de-carbonising heavy commercial fleet or the logistics around distributing products and services.

Statutory reform can deliver momentum to land transport decarbonisation

To met the government's ambitious net carbon zero target, New Zealanders need to reduce their reliance on cars.