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Investment
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‘Challenges and disruptions’ weigh on 2 Cheap Cars owner

Company’s 12 dealerships restricted from fully operating for 108 days.

Former NZ Automotive Investments chair Karl Smith and chief executive David Page.

The NZX-listed owner of second-hand car dealer 2 Cheap Cars says it is seeing signs of improvement after a torrid year of multiple profit downgrades, board-level resignations and dealership closures due to Covid-19 restrictions.

NZ Automotive Investments today reported underlying net profit after

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Hamish McNicol Mon, 30 May 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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‘Challenges and disruptions’ weigh on 2 Cheap Cars owner
Investment,
94234
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