CAR Group buys majority stake in Brazil's Auto Avaliar
CAR Group (ASX:CAR) subsidiary Webmotors has agreed to acquire a 51% stake in the Brazilian digital B2B platform Auto Avaliar.
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CAR Group (ASX:CAR) subsidiary Webmotors has agreed to acquire a 51% stake in the Brazilian digital B2B platform Auto Avaliar.
Amotiv (ASX:AOV) reported a 5% decrease in like-for-like group revenue for the first quarter of FY27 due to weak vehicle sales.
Eagers Automotive (ASX:APE) has entered into a binding, unconditional agreement to acquire the remaining 20% interest in its BYD retail joint venture entity, EV Dealer Group.
MaxiPARTS (ASX:MXI) announced an operating net profit before tax of $4.2 million for Q1 FY27, representing a 26.5% increase compared to the previous corresponding period.
OzCar has entered voluntary administration after secured creditors appointed administrators to assess the company's financial options.
Australia’s new vehicle market recorded 102,924 total sales in September, marking a 0.9% increase compared to the same period in 2025.
Peter Warren Automotive (ASX:PWR) finalised the acquisition of Wakeling Automotive effective Oct. 1 following regulatory approval.
Chinese automaker BYD issued an urgent safety recall for over 32,000 Shark 6 vehicles in Australia due to a defect in the under-car spare wheel storage system.
Transurban (ASX:TCL) reported a 3.4% increase in group average daily traffic during August compared to the prior corresponding period.
Eagers Automotive (ASX:APE) signed a non-binding agreement to acquire a 50% interest in Zagame Automotive Group.
Peter Warren Automotive Holdings (ASX:PWR) secured conditional approval from the ACCC to acquire Wakeling Automotive Group's new car dealerships.
MaxiPARTS (ASX:MXI) has received a conditional, non-binding proposal from Ares Management Asia to acquire 100% of the company.
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