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8 Jun 2025 20:43
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      Home > News > Business

    One of New Zealand's most popular used-car dealerships has experienced a 47-percent drop in profit

    One of New Zealand's most popular used-car dealerships has experienced a 47-percent drop in profit

    30 May 2025
    The country's continued economic downturn, a fall in immigration and consequent softer market demand has driven the fall for 2 Cheap Cars.

    Its net profit has seen the biggest impact - dropping from 6.2 million-dollars in 2024 to 3.3-million this year.

    Chief executive David Sena says there's no question trading's tough - adding the company's focused on optimising its retail footprint.

    © 2025 Newstalk ZB, NZCity


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     Today's News

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     Rugby:
    The Brumbies have no qualms about heading to Hamilton for their Super Rugby semi-final against the Chiefs 17:26

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