TRA Stock Discussion

Turners Automotive Group Limited Description

Turners Automotive Group Limited, together with its subsidiaries, provides financial services in New Zealand and Australia. It operates through Automotive Retail, Collection Services, Finance, and Insurance segments. The company offers personal, motor vehicle, commercial, asset finance, and property loans for the consumer and SME market directly, as well as through brokers under the Dorchester Finance brand; and underwrites and distributes a range of life and non-life consumer insurance products under the Autosure, Mainstream Insurance, Greenwich Life Insurance, and Dorchester Life brands. It also provides automotive-owner protection insurance policies for the retail motor vehicle industry through various dealers under the Autosure brand; and debt collection, credit management, credit reporting, and terms of trade documentation services to the SME market under the EC Credit Control brand. In addition, the company offers car, mortgage, personal, and business loans for the consumer and SME market directly, as well as through motor vehicle dealers and finance brokers under the Oxford Finance brand; and personal, car property, and bridging loans, as well as debt consolidation services under the Southern Finance brand. Further, it auctions used vehicles and commercial goods; purchases and resells vehicles; and offers consumer finance for purchase of motor vehicles, as well as motor vehicle and mechanical breakdown insurance under the Turners brand. Additionally, the company offers hotel property management, reverse annuity mortgage, trustee, Web, and property services. It also sells various Japanese and European cars across 8 Auckland locations under the Buy Right Cars brand; and acts as a trustee for retirement plans. The company was formerly known as Turners Limited and changed its name to Turners Automotive Group Limited in May 2017. Turners Automotive Group Limited was incorporated in 1984 and is based in Auckland, New Zealand.

Sector: Financial Services
Industry: Credit Services
Keywords: Financial Services Insurance Credit Loans Debt Tire Vehicles Property Management Life Insurance Mortgage Consolidation Breakdown Cars Insurance Products Motor Vehicles Property Services Insurance Industry Consumer Finance Debt Consolidation Stratton Asset Finance Debt Collection Insurance Policies Auctions Consumer Insurance Products Credit Management Finance Brokers