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Automotive sector a bellwether for economy

Consumer and business sentiment affects Colonial Motor Co’s results.

It’s getting harder to sell cars, and that signals the auto industry is about to enter a period of decline, the departing chief executive of the US’s largest auto dealership chain forecast a year ago.

“As they say in The Godfather, this is the life we chose,” Autonation then-head Mike

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Calida Stuart-Menteath Mon, 09 Mar 2020
Contact the Writer: calida@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Company profile
CMO
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07/04/2025, 7:57 am
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52 Week Low
$6.25
Company profile
CMO
Powered by: nzx logo
$6.89
Change: 0
07/04/2025, 7:57 am
Price
$6.89
Previous Close
$6.89
Turnover
$0
Movement
$0.00
Volume
0
Avg Daily Volume
2.9k
Daily High
Daily Low
52 Week High
$8.75
52 Week Low
$6.25
Automotive sector a bellwether for economy
Shoeshine,Analysis,
82761
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