Eagers Automotive Ltd
APE: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| >> | LOCK|v!bM> | LOCK|^CNHvD |
Eagers Automotive: New Car Sales Decelerating
New car sales growth is slowing dramatically, weighing on dealers like Eagers Automotive. The latest data from the Federal Chamber of Automotive Industries shows new vehicle sales in Australia are up about 1% calendar year-to-November 2024, compared with a 13% lift in calendar 2023.
