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Eagers Automotive Limited

ASX Announcements

HY24 Results - Analyst & Investor Call Details

Notification of Results/Reporting Date, Web Casts

  • Jul 30, 2024
  • 1 page

Update - Notification of buy-back - APE

Final Buy-Back Notice

  • Jul 1, 2024
  • 6 pages

Change of Director's Interest Notice - BIRRELL

Change of Director’s Interest Notice

  • Jun 18, 2024
  • 3 pages

Market Sensitive

Analyst & Investor Event Material

Company Presentation, Trading Update

  • Jun 11, 2024
  • 69 pages

Notification of buy-back - APE

On-Market Buy-Back

  • Jun 11, 2024
  • 5 pages

View all APE announcements

May

RBA governor Michele Bullock isn’t getting the news she wants on inflation.

The ASX is waking up to the RBA’s wicked inflation problem

Equity market valuations assume a soft landing, but inflation data suggests the RBA has a big problem on its hands, as CPI remains sticky despite weak spending.

  • Updated
  • James Thomson

February

The Ford Ranger ute was the biggest-selling vehicle in Australia in 2023.

Sales about to spike for gas-guzzling utes, hybrids under gun

Two big ASX-listed car dealership groups are worried about proposed emissions standards, as the FCAI warns most hybrid vehicles will be hit hard.

  • Simon Evans
Nick Politis owns 27.6 per cent of Eagers Automotive, Australia’s largest new car dealership group.

Politis cashes in as car sales boom boosts Eagers’ dividends

The country’s largest car dealership said it had a backlog of around 40,000 vehicles ordered by buyers, supporting revenues over the next 12 months.

  • Updated
  • Simon Evans

January

 Tesla had total sales of 46,116 in Australia in 2023.

EV sales double in 2023 but utes still reign supreme

New vehicle sales hit a high last year, breaking 2017’s record. Full battery electric vehicle sales doubled to 7.2 per cent of the total market, but utes remain the top three sellers.

  • Updated
  • Simon Evans
Rich Lister Nick Politis holds 27.6 per cent of Eagers Automotive.

Eagers Auto says outsiders accessed data from IT servers

Australia’s largest car dealership group, with 200 showrooms, is notifying a “small number” of people who may face a risk of serious data misuse.

  • Updated
  • Simon Evans
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December 2023

The Toyota LandCruiser is a standout in retaining its value in the used vehicle market.

Golden times for the used car market are over

The average time taken to sell a secondhand vehicle in Australia is at its highest level in a year, and values keep dropping.

  • Simon Evans

August 2023

New vehicle supply is improving as delays at ports ease, but there is still a large backlog of orders.

No discounts in sight for new car buyers

A structural undersupply of 300,000 new vehicles from the pandemic and the rise of electric cars means discounting is a thing of the past.

  • Simon Evans

July 2023

Hard-working contrarian investors can find bargains in any market conditions.

These small caps are hugely attractive (if you’re brave)

There will opportunities for bargain hunters as the economy slows in the next 12 months with many beaten-up small caps trading at 52-week lows.

  • Tony Featherstone

May 2023

Tesla is leading the way in EVs in Australia in a market where 8 per cent of all new vehicles sold are now full battery electric.

Tesla leads total EV sales to near eight-fold jump in a year

The Ford Ranger ute edged out the Toyota Hilux as the biggest selling new vehicle sales in Australia, but the market share of electric vehicles has soared in the past year.

  • Simon Evans

April 2023

BYD is a big competitor in China to industry pioneer Tesla.

Eagers expects EV jump as BYD narrows gap on Tesla

Billionaire investor Warren Buffett is a backer of the Chinese car, now the No.2 selling electric vehicle brand in Australia behind Tesla.

  • Simon Evans

February 2023

The price of new cars is predicted to come down by July or August.

In the market for a new car? Get ready to haggle again

New vehicle supply is improving as the negative wealth effect from falling house prices arrives, ending the golden days for car dealers.

  • Simon Evans

Tesla Model 3 the third-highest selling car in Australia

New vehicle sales in January were the strongest in five years, with Tesla price cuts helping push it to the highest ranking ever for an EV.

  • Simon Evans

November 2022

How to invest in Australia’s ‘four speed’ economy

There are opportunities in looking beyond “averages” and exploring the different dynamics at play across the country.

  • ST Wong

September 2022

New vehicle sales in August highest in five years, EVs jump

The Tesla Model 3 was the fourth-highest selling new vehicle model across the entire market, with electric cars making solid headway.

  • Simon Evans

August 2022

Rich Lister Nick Politis has bought a parcel of 10,000 shares in Eagers Automotive every day for more than a fortnight.

Rich Lister doubles down on slow recovery in car sales

New vehicle sales were up 0.4 per cent in July, as Eagers Automotive investor Nick Politis continued a buy-up of shares for a 15th day.

  • Updated
  • Simon Evans
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July 2022

Eagers has formalised its deal to sell Chinese electric vehicles BYD.

Eagers Automotive says first-half profit to exceed guidance

Australia’s biggest car dealership group says it is likely to report a net profit of $246 million.

  • Miranda Ward

May 2022

Accelerating the energy transition will create challenges for big emitters, but opportunities too.

Labor’s climate push throws up unlikely ASX winners

Incitec Pivot’s $7 billion demerger plan shows investors must think how stocks will win and lose as climate policy shifts, and how individual stocks will fare.

  • Updated
  • James Thomson
BYD is a big competitor in China to industry pioneer Tesla.

New car delivery backlogs crimp Eagers Automotive profit

Australia’s biggest car dealership group will soon start selling Chinese electric vehicle brand BYD alongside its existing 40 car brands.

  • Updated
  • Simon Evans

March 2022

Sydney Roosters chairman Nick Politis.

Sydney Roosters mull JobSaver repayments

Is it any wonder Easts is such a glutton for government cheques with no return address?

  • Joe Aston

February 2022

Eagers Automotive has about 11 per cent of Australia’s new vehicle market and is also trying to build a large secondhand vehicle ‘category killer’ brand called EasyAuto123.

Eagers Automotive strikes deal with Chinese electric vehicle giant BYD

Sydney Roosters chairman Nick Politis will get a dividend payout of $29.8 million, as Australia’s biggest car dealership group doubles profits.

  • Simon Evans

Original URL: https://www.afr.com/company/ape-3n