TRA - Turners Automotive Group [previously TNR - Turners Limited]

[nztx]

Bit more showing of age - but do you mean Bachman-Turner Overdrive?

Hahaha .. yes I remember them too !

[nztx]

*Doubled posting removed*

[LaserEyeKiwi]

Will be interesting to see what impact the new Feebate scheme confirmed today will have on the used car market. New to NZ cars, both new and used, can now have their prices impacted by either a fee (high polluting vehicles) or a rebate (EVs). Low emission ICE cars I understand will not be impacted.

I think this will be positive for a company like TRA, with demand for used utes/4wds likely to intensify in the face of more expensive new imports of those vehicles. Used EV cars might see some pressure downwards on prices (as new EVs are up to $8700 cheaper) but used EVs seems like a very small part of the market currently anyway.

[Jay]

Also:

Roll On Down The Highway

Let It Ride

and of course

Gimme Your Money Please.

I think we have got the next Turners advertising campaign sorted .

After that it will then be Taking Care of Business!

[Nor]

With all the effort and talk about emission reduction in this country it's easy to lose sight of the fact that it can make almost no difference at all. NZ produces less than 0.3% of global emissions. We don't have a dome over us isolation us from the world. And China is still building coal fired power stations, over a hundred of them.

[peat]

With all the effort and talk about emission reduction in this country it's easy to lose sight of the fact that it can make almost no difference at all. NZ produces less than 0.3% of global emissions. We don't have a dome over us isolation us from the world. And China is still building coal fired power stations, over a hundred of them.

yeh quite frankly its crazy all the bad stuff lil ol NZ puts itself through for so little difference.
same when we deregulated. ideals over-ride sensible pragmatism.
look at all that imported coal getting burnt.

TRA going great guns eh. but not quite parabolic yet so still room for that

[BlackPeter]

With all the effort and talk about emission reduction in this country it's easy to lose sight of the fact that it can make almost no difference at all. NZ produces less than 0.3% of global emissions. We don't have a dome over us isolation us from the world. And China is still building coal fired power stations, over a hundred of them.

Well, your argument is obviously true for anybody of the 8 billion people on this globe - whatever the individual does won't make a big difference, so nobody needs to do anything - right? Does not make a difference at all. How lucky we are, lets keep polluting the globe and wait for the others to do something against it, shall we - or better, lets wreck the globe - Nor told us so, didn't he?

Obviously - we all need to move, and - by the way - NZ's carbon pollution still counts. We are on place 74 of 209 countries of the largest carbon polluters on earth (2016 numbers): https://www.worldometers.info/co2-em...ns-per-capita/

No reason to be proud of, given that our small population base puts us somewhere on place 125 out of 209 - i.e. we are - polluting the globe far more than the average globe dweller does.

We better start doing something to reduce our share of the pollution instead of spouting weak excuses - weak excuses won't help the globe to heal, will they?

[LaserEyeKiwi]

Probably not quite the forum for it - but disagree intensely with the opinion that New Zealand’s contribution is meaningless. If every nation thought that way then nothing gets down out of pure national selfishness. If every nation with emissions the same or smaller than NZ also thought the same way and didn’t take any effort to reduce emissions, then that cumulative total would produce a sizable enough total to have a measurable impact on emissions. NZ also produces more carbon per capita than China, and NZ is one of the worst in the developed world when it comes to emissions vs the 1990 baseline (we are +53%, which is higher than Australia (!) and way higher than the US, so saying the world should focus on China is a tad hypocritical. Yes China is one of the major parts to solving the issue, but it shoulbe noted they are much more aggressively promoting EVs than we are.In the past NZ itself received a massive outsized benefit of the global effort to reduce emissions that were destroying the ozone layer over the Southern Hemisphere.

[wagwan]

Agree BlackPeter, fairly naive and fatalistic from Nor. An issue as big a climate change clearly requires collective effort on a global scale - key word there being 'collective'

adjective

• done by people acting as a group.
  "a collective protest"
  
  
  
  
  
  

Not to say EV rebate system as it stands is the best way for NZ to go about it's effort.

That aside, back to TRA - late disclosure on Friday, CFO purchasing exercising staff option for 125k shares. Good discount to market price, however good to see informed insiders making moves.

[Beagle]

The bleating from the farmers about having to pay another $5K or thereabouts for their Utes is going to be interesting....they should be grateful there's no fart tax for all the damaging methane from their cows.