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2 Cheap Cars owner’s chair, independent director resign

Karl Smith only became chair in September 2020.

Two directors of the NZX-listed owner of second-hand car dealer 2 Cheap Cars, including the chair, have resigned from the board.

NZ Automotive Investments, which late last week issued another earnings downgrade following the “unexpected and sudden” strengthening of the New Zealand dollar,

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Hamish McNicol Fri, 08 Apr 2022
Contact the Writer: Hmcnicol@nbr.co.nz
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2 Cheap Cars owner’s chair, independent director resign
Investment,
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true