Australia’s biggest car dealership group, AP Eagers, expects first-half profit to exceed earlier guidance, telling the market it is likely to report a net profit of $246 million, driven by the sale of the Bill Buckle Auto Group.
Eagers has formalised its deal to sell Chinese electric vehicles BYD. BYD
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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com
