CAR Group CEO Cameron McIntyre says new car sales help dealers fight back as carsales.com owner trends up

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On the call, McIntyre said car dealers had wrestled back some of the momentum in the Australian used car market, which has long trended towards private sales, particularly in recent years.

McIntyre said it wasn’t enough to materially impact his company’s earnings – CAR makes money advertising vehicles for both private sellers and dealers locally, and at a slightly higher margin for private sales – but it was a nice nugget of information for anyone looking for an idea to…

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