There’s one ASX auto stock racing ahead of the rest… and it’s in New Zealand

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  • There’s one ASX auto stock racing ahead of the rest… and it’s in New Zealand
  • Automotive stocks have been under pressure as cost of living soars
  • Turners Auto is a  NZ used-car dealership that’s been delivering record profits
  • Stockhead reached out to Turners’ CEO, Todd Hunter

 

The ASX automotive sector tumbled to near lows when the pandemic first hit in March 2020, but then surged dramatically to reach record levels by the end of 2021.

It was easy to see why. Concerns over crowded public transportation and the need for social distancing prompted…

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