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Hot Topic Hawke’s Bay
Hot Topic Hawke’s Bay
General Business
2 mins to read

Car dealer Colonial reaps record profit despite lumpy supply

New vehicle customers are facing waits of up to seven months in delivery.

Julie Iles Fri, 13 Aug 2021

NZX-listed Colonial Motor Company has reaped a record profit as Covid's impact to the new vehicle supply chain endures. 

The Wellington-based company recorded a $27.9m profit in the year to June 30 - up 61% year-on-year and up nearly 20% on its previous record year in 2018. 

Colonial Motor

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Car dealer Colonial reaps record profit despite lumpy supply
General Business,
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