Eagers Well Placed to Benefit From Hunger for Chinese Cars -- Market Talk

Dow Jones

03/20

2147 GMT - Australian consumers are buying more China-made cars and Eagers Automotive is well-placed to benefit from this trend, says Jefferies. Chinese cars now account for 20% of new vehicle sales in Australia, up from 10% in 2024. Analyst John Campbell says Eagers is less reliant than other dealers on selling cars made in Europe and North America, which he expects will continue to lose market share. "We also believe that Eagers being (well) overindexed to BYD and to a less extent Chery is extremely positive," Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Thursday at A$20.09. (david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

March 19, 2026 17:47 ET (21:47 GMT)

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Chinese cars now account for 20% of new vehicle sales in Australia, up from 10% in 2024. Analyst John Campbell says Eagers is less reliant than other dealers on selling cars made in Europe and North America, which he expects will continue to lose market share. \"We also believe that Eagers being (well) overindexed to <a href=\"https://laohu8.com/S/BYDDY\">BYD</a> and to a less extent Chery is extremely positive,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Thursday at A$20.09. 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Chinese cars now account for 20% of new vehicle sales in Australia, up from 10% in 2024. Analyst John Campbell says Eagers is less reliant than other dealers on selling cars made in Europe and North America, which he expects will continue to lose market share. \"We also believe that Eagers being (well) overindexed to <a href=\"https://laohu8.com/S/BYDDY\">BYD</a> and to a less extent Chery is extremely positive,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Thursday at A$20.09. (david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 19, 2026 17:47 ET (21:47 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7143","symbol_name":"汽车零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2620274662","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2620274662","pubTimestamp":1773956820,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2147 GMT - Australian consumers are buying more China-made cars and Eagers Automotive is well-placed to benefit from this trend, says Jefferies. Chinese cars now account for 20% of new vehicle sales in Australia, up from 10% in 2024. Analyst John Campbell says Eagers is less reliant than other dealers on selling cars made in Europe and North America, which he expects will continue to lose market share. \"We also believe that Eagers being  overindexed to BYD and to a less extent Chery is extremely positive,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Thursday at A$20.09. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7143":"汽车零售","APE.AU":"Eagers Automotive Ltd"},"translate_title":"渴望从对中国汽车的渴望中受益的人——市场讨论","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"APE.AU":0.9},"content_text":"2147 GMT - Australian consumers are buying more China-made cars and Eagers Automotive is well-placed to benefit from this trend, says Jefferies. Chinese cars now account for 20% of new vehicle sales in Australia, up from 10% in 2024. Analyst John Campbell says Eagers is less reliant than other dealers on selling cars made in Europe and North America, which he expects will continue to lose market share. \"We also believe that Eagers being (well) overindexed to BYD and to a less extent Chery is extremely positive,\" Jefferies says. It retains a buy call and A$29.50/share price target on Eagers, which ended Thursday at A$20.09. (david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 19, 2026 17:47 ET (21:47 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}