Transport
The latest news on transport in New Zealand.
Transport
Colonial Motors says uncertainty keyword heading into 2H
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 million in the six months to Dec 31, 2022. Revenue from continuing operations wa...
Transport
Government extends road user charges reduction
The government has passed a law extending the RUC discount through to the end of June.
Transport
Ports of Auckland turnaround delivers buoyant results
The port has hiked its full-year profit forecast to as much as $45m.
Transport
Govt car scheme – catalyst to stock shortages, higher prices
Cyclone Gabrielle will see a spike in car replacement demand, but the government’s focus on lowering vehicle emissions is the root cause of car price hikes.
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