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Nick Politis

October 2024

The Eumundi portfolio includes the Plough Inn on Brisbane’s South Bank.

Rich Lister Nick Politis lobs $77m takeover bid for Qld pub owner

Eumundi Group’s portfolio includes the Ashmore Tavern on the Gold Coast, the Aspley Central Tavern in Brisbane’s north and the Plough Inn on South Bank.

  • Larry Schlesinger

September 2024

Nick Politis says the investments will generate 6pc returns.

‘Great assets’: Nick Politis pays $50m for Porsche dealerships

Sydney Roosters chairman Nick Politis has added two Melbourne Porsche dealerships to his 28pc stake in ASX-listed Eagers Automotive.

  • Larry Schlesinger

May 2024

Rich Lister Nick Politis is the largest shareholder in Australia’s biggest car dealership group.

Nick Politis times the market like a true Rich Lister

The automotive billionaire sold a portfolio of dealerships to ASX-listed Eagers last year. Now, the company’s share price is down 30 per cent.

  • Mark Di Stefano
Nick Politis owns 27.3 per cent of Eagers Automotive, Australia’s largest new car dealership group.

Rich Lister down $160m as Eagers shares crash on profit warning

Australia’s biggest car dealership group warned of a June-half profit drop as household cost-of-living pressures rise.

  • Simon Evans

October 2023

Rich Lister Nick Politis is the largest shareholder in car dealership group Eagers Automotive.

Rich Lister Nick Politis in $245m sale of BMW, Mercedes dealerships

The Sydney Roosters chairman owns 27.6 per cent of ASX-listed Eagers Automotive, which is buying Victorian car dealerships from him.

  • Simon Evans
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May 2023

Eagers Automotive has the exclusive retail rights for the big-selling Chinese electric vehicle brand BYD in Australia.

Electric car order book drives dealership revenue

Logjams at ports for ships delivering new vehicles is a handbrake, but sales are set to be $1 billion higher at Australia’s largest car dealer.

  • Updated
  • 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

March 2023

Tesla Model 3s are made in China for the Australian market.

Four in every 100 new vehicles sold are Tesla

The Ford Ranger and Toyota Hi-Lux utes are still the most popular new vehicles in Australia, but the Tesla Model 3 is closing in.

  • 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

January 2023

Moody’s Analytics says while the price tags for used cars is in decline since a peak in May, buyers are still having to pay 54 per cent more than pre-pandemic prices.

Used car prices drop 12pc but bargains a long way off

Moody’s Analytics says secondhand car buyers are still paying prices up to 54pc higher than before the pandemic, but prices are falling.

  • Simon Evans

October 2022

BYD became the biggest selling electric vehicle manufacturer earlier in 2022.

Lithium stocks aren’t the only way to play the electric vehicle rise

Australia’s largest car dealership group is selling Warren Buffett-backed BYD electric vehicles, and a Rich Lister keeps buying up shares.

  • Simon Evans

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 bought a parcel of 10,000 shares in Eagers Automotive for 27 days in a row.

Why this Rich Lister bought 10,000 Eagers shares for 27 days straight

Australia’s biggest car dealer group says its new car order book is 25 per cent higher than a year ago and electric vehicle changeovers will add extra demand.

  • Simon Evans
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

July 2022

Moody’s Analytics says used car prices kept rising in the June quarter, particularly utes, but predicts a gradual slowdown from here.

Used car prices up 7.5pc in June quarter, but relief in sight

Moody’s Analytics says used vehicle prices should start to fall.

  • Updated
  • Simon Evans
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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
Craig Fitzgibbon kicks off his head coaching career at Cronulla this season.

COVID casualties crimp start of NRL season

The NRL has only a handful of  unvaccinated players, but COVID-19 is still stalking the 2022 competition.

  • Michael Pelly

July 2021

Haggling is a thing of the past for now when it comes to buying new vehicles because of long delays in order deliveries.

Australia’s biggest car dealership group in record profits

Haggling for a better deal has vanished because of lengthy order backlogs and supply constraints that help boost profits.

  • Simon Evans

June 2021

Will Vicars’ Caledonia is part of a high-profile shareholder register backing Till Payments.

Vicars, Kanaan, Paradice & Co’s fintech to open Till on $800m float

A bunch of Australia’s biggest name brokers and fund managers are set to go public with their secret fintech investment, Till Payments. 

  • Sarah Thompson, Anthony Macdonald and Tim Boyd

April 2021

Peter Warren Automotive listed on the ASX on Tuesday.

It’s all happening at Peter Warren Automotive!

During 2020, the aspiring public company took $28 million in JobKeeper, but has returned nearly half of it.

  • Joe Aston

Original URL: https://www.afr.com/person/nick-politis-4m6