AUTOMOTIVE SECTOR CMH highlights consumer pressure as car sales fall
In: Business Day (Johannesburg, South Africa), 2024-05-08, S. 3
Zeitungsartikel
Zugriff:
Industrial Reporter Combined Motor Holdings (CMH), which operates vehicle dealerships and owns First Car Rental, has reported a reasonable first half in 2023 and expects a weak second half with the subdued trend continuing. In the group's financial highlights for the year to end-February and its latest annual integrated report published on Tuesday, CEO Jebb McIntosh said that in a low growth economy with high interest rates, a weak currency, heavy discounting to reduce gross manufacturer overstocking and continued intensified periods of load-shedding, had negatively affected car sales and hire...
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AUTOMOTIVE SECTOR CMH highlights consumer pressure as car sales fall
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Autor/in / Beteiligte Person: | Gumede, Michelle |
Zeitschrift: | Business Day (Johannesburg, South Africa), 2024-05-08, S. 3 |
Veröffentlichung: | 2024 |
Medientyp: | Zeitungsartikel |
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