Colonial Motor Company
Southpac trucks hit by tough trading as Colonial Motor posts $17.8m profit
The Colonial Motor Company’s heavy truck arm Southpac has been hit by falling volumes, even as the group reported a trading profit after tax of $17.83…
More dealerships appointed to sell JAC T9 ute
JAC Motors New Zealand Limited has confirmed more dealers have joined its national network ahead of the T9 ute launch in the coming months. A top-of-the-line…
Colonial sees full-year profit down 41%, heavy trucks ‘perform well’
Colonial Motor Company has posted a trading profit after tax of $17.88 million for its preliminary financial year results to June 30, down 41% on the…
Colonial signals weaker earnings following CCD impact
Colonial Motor Company has confirmed recent sales of light commercial vehicles have been negatively impacted by the Clean Car Discount (CCD) scheme. The scheme, which was…
Heavy truck market a ‘bright spot’ for Colonial
Colonial Motor Company chair Ash Waugh has told shareholders economic pressures could see weaker demand in the passenger vehicle market for some time but the heavy…
Southpac ‘geared up’ for the year ahead
Colonial Motor Company is reporting its subsidiary Southpac Trucks has a “substantial forward order book” with capacity to deliver finished trucks the only main constraint. The…
Colonial reports ‘steady’ truck market
Truck market demand has helped Colonial Motor Company post a trading profit after tax of $30.3 million for its full-year result, down 9% on the previous…
Truck sales help steer Colonial to record profit
The Colonial Motor Company has announced a record financial year trading profit after tax of $33.3 million and pointed to the strong results from its truck…
More than 5000 cars choking Auckland port
Seven car carrying vessels are due at Ports of Auckland in the next seven days to further compound the backlog of more than 5000 cars and…