Carsales: All shiny and new again

Carsales: All shiny and new again? As an owner of shares in Carsales.com Limited (CRZ: ASX) for some time, we have long thought the blackballing of the site by manufacturers would be short-lived. According to one of our brokers' analysts, the conviction of the Big Four carmakers is already waning. Since January, the number of new, 'near-new' and 'dealer demo' cars from the mutineers - Holden, Honda, Nissan and Volkswagen - has grown materially, and will continue to grow because Toyota, Mazda and Hyundai have all picked up market share over the past six months. According to the analyst, Holden's 'near-new' listings amount to 2100 vehicles. This is twice the December number. Read the full article: (VIEW LINK)


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