Headwinds or Tailwinds, you choose.
Quite apart from the long term future concerns the fact that we now have multiple anecdotal reports on here of people visiting Turners car lots and experiencing unhelpful sales "assistants" if you can call them that ? and an unhelpful display arrangements of vehicles tells me there's a systemic cultural problem in the company with its sales staff. You don't fix that sort of problem overnight...
I'm with BP on this horse and cart thing. EV's for under $100K that do 450 km's on a charge are here in July 2018 and probably somewhere around $70-80K. Full EV's that can do 200 km's on a charge brand new are already here for $55K. (Hyundai INIOQ). With the speed of price decline in the lithium-ion battery manufacturing when these sorts of vehicles halve in price, I reckon 4-5 years away in N.Z., BINGO, very few people will but a new ICE vehicle. Sure there will still be plenty of older ICE engines for the dealers to sell...for a while but the headwinds in the long term should be obvious at least as much as the tailwinds are for the retirement sector !
Food for thought...The question becomes do you want to invest in an industry with long term headwinds or long term tailwinds ?