Eagers Automotive Ltd
APE: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| w> | LOCK|R<%#P | LOCK|r?ksS> |
Australian New Car Sales Shift Into Reverse
New car sales in Australia are declining. The latest data from the Federal Chamber of Automotive Industries has calendar year-to-date new car volumes in Australia about 5% below last year. This is a sharp deceleration from May 2024, when year-to-date new car sales were up about 12%.
