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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...

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