Autosports Is Macquarie's Pick of Australia's Car Dealers -- Market Talk
Dow Jones
Feb 05
2244 GMT - Autosports Group is Macquarie's pick of Australian vehicle dealers, helped by its ongoing adaptation to the growth of Chinese brands in the local market. Macquarie's analysts point out that Chinese imports accounted for 22% of new vehicle sales in January, up from 13% a year earlier. They see adapting to this rise as an important growth driver for local dealers. The analysts tell clients in a note that Autosports is well-placed for organic and inorganic growth, underpinned by solid trading conditions for the luxury brands in which it specializes. Macquarie has an outperform rating on the stock. (stuart.condie@wsj.com)
(END) Dow Jones Newswires
February 04, 2026 17:45 ET (22:45 GMT)
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