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Auto dealer eyes 10% sales boostvia brand swap
A leading Bahamian auto dealer yesterday said it was investing $140,000 to ‘swap’ the location of two vehicle brands, with the aim of generating a 10 per cent sales boost for the most popular.
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SUPERGREEN SOLUTIONS: ‘Cheap’ is not best on renewable energy
We are so often faced with rising costs without any option other than to squeeze the budget tighter, or go without some of those nice things that make life bearable. Earlier this year, we enjoyed a global low in oil prices. Combined with the reduced need for air conditioning in the winter, that meant lower electricity bills for most Bahamians. But ‘the times, they are a-changin’’, and summer is here. Our electricity bills will rise whether we like it or not. It is time to take our power back.
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Auto dealer: 'My worst month for four years'
A BAHAMIAN auto dealer yesterday said May 2012 was "my worst month in probably four years" for new car sales, despite the industry as a whole seeing a 5 per cent rise in completed deals.
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For electric cars to take off, they’ll need a place to charge
Around the world, support is growing for electric cars. Automakers are delivering more electric models with longer range and lower prices, such as the Chevrolet Bolt and the Tesla Model 3. China has set aggressive targets for electric vehicle sales to curb pollution; some European countries aim to be all-electric by 2040 or sooner.
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A failed economy and no accurate information
“IF it ain’t broke, don’t fix it!” We wish we could find at least one nook or cranny in our country today that we could walk away satisfied that it was functioning so well that it needed no “fixing”.
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Auto dealer: 'Level the playing field'
A Bahamian auto dealer is urging the government to “level the playing field” as he voiced concerns that competitors are being allowed to open in-store more frequently than his own business.Ben Albury, Bahamas Bus and Truck’s general manager, told Tri
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Auto dealer: 'We cannot go another month'
The auto industry “definitely cannot go another month” under the current lockdown conditions imposed on it, one dealer said yesterday, adding: “We cannot let the economy die.” Ben Albury, Bahamas Bus and Truck’s general manager, told Tribune Busines
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Electric car dealer eyes eventual IPO
A Bahamian electric car dealer will likely seek to go public within the next five to seven years if planned expansion targets are hit, its new 35 percent minority shareholder revealed yesterday.
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Dealer's expansion put 'on the shelf'
A leading Bahamian auto dealer yesterday disclosed he had placed western New Providence expansion “on the shelf” as a result of the Budget’s tax increases, as some in the industry reported losing up to $800,000-$1 million per year.
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Auto sector’s 20% rise beats ‘outrageous’ shipping costs
Bahamian auto dealers yesterday predicted new vehicle sales will close 2022 some 15-20 percent ahead of last year after the industry overcame “outrageous” shipping cost hikes and inventory shortages.
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Electric vehicle dealer in new HQ expansion
A Bahamian electric vehicle dealer yesterday unveiled plans to expand to “a major location” and grow its workforce after becoming the first investment for RF Bank & Trust’s newly-launched private equity fund.
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Fears auto sales to slump 35% post-VAT
The Bahamas Motor Dealers Association’s (BMDA) president believes new vehicle sales could follow St Lucia’s lead and slump 30-35 per cent post-VAT, warning: “Some of us will not survive.”
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