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Quicker new car sales help dealers fight back against private sellers

Carsales.com’s result had the sort of unexpected nugget of information that made an otherwise very steady result more interesting for investors.

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Analysts love those earnings calls when they tune in to hear more about one company’s results and outlook, and think they find out something important about another.

That is what happened at the $12.6 billion Car Group, the rebadged Carsales.com, on Monday.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com

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    Original URL: https://www.afr.com/chanticleer/quicker-new-car-sales-help-dealers-fight-back-20240212-p5f45n