By Tina Morrison Feb. 19 (BusinessDesk) - Colonial Motor Co lifted first-half profit 24 percent as the listed motor vehicle distributor benefited from New Zealand's record new vehicle market and th
By Paul McBeth July 5 (BusinessDesk) - Colonial Motor Co shares rose to the highest in a month after the listed motor vehicle distributor said it expects to post a record profit in 2016. The shares
The dire state of Warner Bros Discovery’s New Zealand finances has been laid bare – a massive $138 million loss in 2023, including a $79.5 million impairment. The media company’s finances, rel
By Paul McBeth Aug. 23 (BusinessDesk) - Colonial Motor Co lifted annual profit 13 percent as a buoyant car market drove the motor vehicle distributor closer to cracking a billion dollars of revenue.�
Aug. 19 (BusinessDesk) - Colonial Motor Co, the listed motor vehicle distributor, posted a 7.4 percent decline in full-year profit and said margins have contracted for its car dealerships and demand
By Paul McBeth Aug. 20 (BusinessDesk) - Colonial Motor Co, the car and tractor dealer, said annual profit rose 38 percent to a record amid growing sales of new vehicles. Net profit rose to $19.3 mill
Charles Blomfield, JBC Hoyte and John Gully. These were some of the giants of the New Zealand art auction scene in the 1970s and 1980s – artists from a much earlier era who painted familiar scenes o
By Sophie Boot Dec. 1 (BusinessDesk) - The government is planning "the biggest overhaul of housing policy since the time of the first Labour government" by building 100,000 new houses, re-inventing
Auckland mayor Wayne Brown has extended the state of emergency for a further seven days and apologised for aspects of the initial response. Civil Defence Emergency Management advised the mayor to ex
On this day, Nov. 11, in 1942, New Zealand, Australian, Indian, South African, Free French and British troops won the second Battle of El Alamein, finally forcing the great German general Erwin Rommel
By Pattrick Smellie Dec. 9 (BusinessDesk) - The third annual round of oil and gas exploration licences has attracted two new international players: US giant Chevron, which operates the Caltex brand in
By Sophie Boot Nov. 3 (BusinessDesk) - Colonial Motor Co, which listed on the NZ stock exchange in 1962, is cautious about forecasting in the year ahead despite its strong returns in 2017 and continue
The New Zealand Shareholders Association plans to go toe-to-toe with the Colonial Motor Company at its annual meeting on Friday and vote against all of the listed car dealer’s proposed resolutions i
By Edwin Mitson April 6 (BusinessDesk) - The Overseas Investment Office has approved the sale of Vector's gas transmission and gas distribution businesses outside Auckland to the global fund manager,.
By Tina Morrison Nov. 6 (BusinessDesk) - Colonial Motor Co, the listed motor vehicle distributor, expects 2016 profit and dividends to be similar to last year as better growth in city dealerships off
By Rebecca Howard Feb. 21 (BusinessDesk) - Colonial Motor Co reported a 5.2 percent drop in first half profit and while it was guardedly positive about the immediate future it signaled several risks
By Paul McBeth June 3 (BusinessDesk) - Social Housing Minister Paula Bennett doesn't expect to complete any state house sales to community providers until next year, and says they won't be sold at
Colonial Motors, the listed motor vehicle distributor, said its first-half net profit was down 21% on the year and revenue slid 6.5%. The company said net profit attributable to shareholders was $14.3
Colonial Motor Co expects to face continuing supply constraints as disrupted supply chains make it harder to bring in new stock. However, the car dealer managed to boost first-half profit 58% to $12.8
The New Zealand government appears to be edging towards a state-by-state approach to establishing travel bubbles with Australia, singling out New South Wales’s approach as a source of heightened ris
By Anna Edgerton Montana governor Greg Gianforte has signed a law banning TikTok in the state, setting up the first legal and logistical test for broader efforts to restrict access to the wildly popul
The 5th oldest company listed on the New Zealand stock exchange has fought back against claims made by the NZ Shareholders Association backing its intention to vote against its AGM resolutions seeking
By Paul McBeth Dec. 22 (BusinessDesk) - Shell New Zealand-controlled Maui Development has sold the Maui natural gas pipeline for $335 million to funds managed by First State Investments, which recent
CMO originated in 1859 from a coach-building operation at 89 Courtenay Place Wellington. In 1881 it merged into Rouse & Hurrell, a partnership that formed into a limited liability company in 1902. The
By Fiona Rotherham Feb. 17 (BusinessDesk) - The Colonial Motor Co, the listed motor vehicle distributor, posted a 0.8 percent increase in first-half net profit despite increased industry sales, due to
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