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Turners defies economic headwinds with record profit

Author
Newstalk ZB,
Publish Date
Fri, 21 Nov 2025, 9:53am
Photo / File
Photo / File

Turners defies economic headwinds with record profit

Author
Newstalk ZB,
Publish Date
Fri, 21 Nov 2025, 9:53am

Turners Automotive seems to be continuing to defy the odds, both with the economy and the second-hand market. 

They’ve posted a record $21.9 million profit, up 13% for the six months to September.  

The company is on track for a full year result of around $600 million, before tax. 

CEO Todd Hunter told Mike Hosking the used car market is resilient and with their strong place in it, there’s plenty of opportunities for them. 

He says the business has performed exceptionally well for more than a decade now, but they still feel like there’s a significant trajectory ahead. 

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