Australian Listed Dealer Comparison Report

This document is a report detailing the performance of the top three listed motor dealer groups in Australia for the year ending December 2024. It outlines the revenue growth experienced by Eagers Automotive, Autosports Group, and Peter Warren Automotive Holdings, with respective increases of 13.6%, 0.9%, and 10.1%. Despite this growth, the report highlights challenges such as rising operational costs and compressed profit margins due to an oversupply of vehicles. It presents data on average inventory days, which increased significantly across all groups, indicating inventory management issues. The report also discusses the impact of elevated interest rates on dealership profitability and the overall automotive market, forecasting a decline in new vehicle sales for 2025. Additionally, it addresses the implications of the National Vehicle Emissions Standards and the shift towards distributor dominance in the market, emphasizing the need for disciplined cost control and operational efficiency in response to current economic pressures.