NewsBite

AP Eagers

Advertisement
The Auto Mall at Brisbane Airport would have include a test track designed by mutliple Bathurst winner Mark Skaife.

Brisbane Airport cancels plans for billion-dollar auto mall and motor circuit

Brisbane Airport’s hyped $1 billion Auto Mall, announced with much fanfare in 2015, has been scrapped, leaving a 51-hectare site in need of a new purpose.

  • Cameron Atfield

Latest

“You’ve got to be honest with people, first of all, and you have got to care about people. In business, it’s all about having good employees, and showing a lot of faith in them. It works. It’s the same with a football team.”

Cars, rugby league and a grenade: Inside the life of billionaire Nick Politis

He helped save rugby league and turned one car dealership into a $2 billion fortune. But it’s never been just about the money – it’s also about loyalty.

  • Anne Hyland
AP Eagers profits have fallen 23.6 per cent for the first six months of the year.

AP Eagers profits dive 24pc as car sales slide in the pandemic

A dearth of Australians heading out to buy new or used cars has made profits of the listed car dealership fall by nearly a quarter.

  • Dominic Powell
Online classifieds group Carsales says there are signs of an improvement in vehicle sales.

Bargain-hungry buyers to help Carsales ride out the recession

The boss of the online vehicle classifieds group, Cameron McIntyre, says used cars are a big drawcard for consumers in tough economic times.

  • Darren Gray
Brett Davies from Nunawading Toyota says many customers in April came wearing gloves and face masks.

New car sales plunge almost 50 per cent as COVID-19 crashes demand

Car dealers are calling for government incentives and the abolishment of vehicle taxes after new car sales in April screeched to numbers not witnessed since 1994.

  • Darren Gray
Listed car dealership giant AP Eagers, which has axed 1200 jobs because of the shock from the coronavirus pandemic, says it can rebound quickly.

AP Eagers cuts 1200 jobs, defers rents as car sales stall

New and used car dealership giant has cut 1,200 jobs and negotiated widespread rent relief on sites as car sales slump due to the coronavirus pandemic.

  • Darren Gray
Advertisement
New car sales are expected to plunge this month because of the economic hit from the coronavirus pandemic.

Carsales.com cuts staff as COVID-19 deflates auto sales

Listed online auto classifieds company moves to cut costs as some dealers report a 40-60 per cent drop in new car sales in April.

  • Darren Gray
A controversial ban on cash purchases over $10,000 is set to pass Parliament despite unrest among government MPs.

Business leaders urge incentive packages as part of stimulus plan

Business leaders have called for support for the tourism industry and incentives for people to buy new cars as part of the federal government's stimulus package.

  • Darren Gray
AP Eagers chief executive Martin Ward.

'A sad day': Car dealerships lament loss of Holden brand

Australia's largest and oldest car dealership group said it expected a "fair and reasonable" treatment from General Motors after the shock announcement.

  • Dominic Powell
AP Eagers runs around 230 car dealerships across Australia's east coast.

Major car dealership underpaid employees $4.5m

AP Eagers has become the latest in a long line of companies to report wage issues, as it revealed payroll 'anomalies' resulted in thousands of workers being short-changed.

  • Dominic Powell

Original URL: https://www.watoday.com.au/topic/ape-3n