The company lifted its profit guidance for the second time in six weeks after a strong finish to calendar 2020. Eagers Automotive has a market share of about 11 per cent of the new vehicle sector and has 200 showrooms. It sells most of the leading brands including Toyota, Ford, Mazda, Hyundai and Volkswagen.
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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
