New Zealand Automotive Investments aiming to rival Turners, NZX listing tipped
17 Feb, 2021 04:35 AM
3 minutes to read
NZAI chair Karl Smith and CEO David Page at the company s Mt Wellington headquarters. Photo / supplied
NZAI chair Karl Smith and CEO David Page at the company s Mt Wellington headquarters. Photo / supplied
Jane Phare is a senior business reporter for the New Zealand Heraldjane.phare@nzme.co.nz
A second-hand car dealership is gearing up to become a major player in the automotive and finance markets, with aspirations to rival the country s other main used-car group Turners Cars. New Zealand Automotive Investments (NZAI), which has used car dealership 2 Cheap Cars as a subsidiary, is understood to be preparing for a direct listing on the NZX.