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Light vehicle, tractor demand soft; heavy trucks up at Colonial

Dealership parent company’s dim view of 2023 vindicated with profit and revenue down.

Dunedin City Motors.

Dita De Boni Tue, 22 Aug 2023

The forecast of a soft economy and tight trading conditions made at the end of 2022 by listed car, truck, and tractor dealership parent firm The Colonial Motor Company has been proven correct in the company’s annual results posted to the NZX this afternoon.

The company – which oversees

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Dita De Boni Tue, 22 Aug 2023
Contact the Writer: dita@nbr.co.nz
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Light vehicle, tractor demand soft; heavy trucks up at Colonial
Investment,
100492
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