Autosports Group (ASX: ASG): EV Orders Surge, Shares Skid

Aditi Sarkar

29 July 2026 11:26 PM AEST

Autosports Group (ASX: ASG): EV Orders Surge, Shares Skid

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Key Highlights

Autosports Group (ASX: ASG) has upgraded its full-year profit outlook and flagged a record order book, yet its shares have slid in 2026 as an electric-vehicle supply squeeze pushes deliveries into FY27.
On 29 June 2026 the prestige-car retailer lifted its full-year profit guidance and flagged a record order book — yet the shares fell about 6% to $1.67 on the day, according to Business News Australia.
Autosports Group is one of Australia's largest listed dealers of prestige and luxury vehicles, representing roughly 14 marques including Mercedes-Benz, BMW, Audi, Porsche, Rolls-Royce, McLaren and Aston Martin.
Since its 2016 ASX listing the group has grown through 39 acquired sites and 15 greenfield openings, according to its FY25 investor presentation — a roll-up strategy in a still-fragmented sector.

Autosports Group (ASX: ASG) has upgraded its full-year profit outlook and flagged a record order book, yet its shares have slid in 2026 as an electric-vehicle supply squeeze pushes deliveries into FY27.

Company Overview

Autosports Group is one of Australia's largest listed dealers of prestige and luxury vehicles, representing roughly 14 marques including Mercedes-Benz, BMW, Audi, Porsche, Rolls-Royce, McLaren and Aston Martin. Alongside new- and used-car sales it runs higher-margin service, parts and finance-and-insurance operations, which help smooth the cyclicality of vehicle sales. The network spans New South Wales, Queensland, Victoria and, increasingly, the ACT. Since its 2016 ASX listing the group has grown…

Recent Developments

Few ASX consumer stocks have shown a sharper split between operating momentum and share-price direction this year than Autosports Group (ASX: ASG). On 29 June 2026 the prestige-car retailer lifted its full-year profit guidance and flagged a record order book — yet the shares fell about 6% to $1.67 on the day, according to Business News Australia. For a company that sells Mercedes-Benz, BMW, Audi and Porsche, the disconnect between…

Financial and Operational Snapshot

Autosports declared full-year dividends of 8.0 cents per share fully franked for FY25, then lifted its FY26 interim dividend 42.9% to 5.0 cents, again fully franked. At 30 June 2025 the group carried net debt of $196.7 million, equal to about 1.66 times normalised EBITDA — a manageable level for an acquisitive dealer, though one worth monitoring as funding costs move. At recent share prices the trailing yield has sat…

What May Be Watched Next

The group continues to consolidate the sector. It completed the Stillwell Motor Group acquisition — adding about $241 million of revenue and BMW, MINI and Volvo brands — in October 2024, bought ten Barry Bourke Motors dealerships in Victoria for roughly $32.8 million in December 2025, and added Porsche Centre Canberra and Mercedes-Benz Canberra in late 2025. Its representation of Geely Holding brands — Polestar, Zeekr, Geely and Lotus —…

Key Risks

The risks are tangible. Prestige-brand volumes are falling even as the overall market booms, and the BEV supply squeeze is deferring revenue into FY27, muddying near-term earnings visibility. Rising interest rates pressure both consumer demand and the group's floorplan and acquisition funding. Margins, though recovering, remain below FY24 peaks, and the rapid rise of lower-priced Chinese brands could compress dealer economics over time. Integration risk across a busy acquisition pipeline…

What does Autosports Group (ASX do?

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