Is Automotive Holdings Group now a buy?
Automotive Holdings Group (ASX:AHG) is a diversified automotive retailing group. The Company is Australia’s largest automotive retailer, with operations in NSW, Queensland, Victoria, WA and NZ. The Company has over 184 franchises at 111 dealerships across five Australian states and NZ, selling passenger and commercial vehicles as well as trucks and buses. Automotive Holdings Group recent announcement In late November this year, AHG entered into an agreement to sell its troubled refrigerated logistics division. This means that the Automotive aspect …