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Electric car dealer targets mid-year start on new HQ
A Bahamian electric vehicle dealer yesterday revealed it beat 2023 targets via a “one-third” sales increase as it bids to start construction on its new “multi-million” headquarters by around mid-year.
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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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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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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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COVID shutdown for auto dealer’s ‘major generator’
One of an auto dealer’s “two major generators” has likely been forced to close until tomorrow after almost one-third of staff tested positive for COVID-19 amid the latest case surge.
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Embassies hit by 75% auto delivery plummet
Bahamas-based diplomatic missions are among those hit by a vehicle backlog where local dealers receive as little as 25 percent of their orders as the global supply chain crisis worsens.
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Kelly's rejects curb-side; dealers eye 40% fall-off
Kelly's House & Home is closing "until further notice" from 6pm this evening rather than offer curb-side services that auto dealers predict will be up to 40 percent down on their normal in-store sales.
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Auto industry re-opening 'matter of life and death'
Auto dealers say today’s full sector re-opening was increasingly becoming “a matter of life and death” with as much as “half the industry” in danger of folding had the Government not relaxed COVID-19 restrictions.Ben Albury, Bahamas Bus and Truck’s g
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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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Furniture store grows into its third location
A Bahamian-owned outdoor furniture store is expanding to its third location less than three years after opening its Sandyport outlet.Oasis Furniture has extended its footprint to Eleuthera by collaborating with Governor’s Harbour-based Bahama Hand Pr
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Queen's Highway businesses destroyed by storm surge
MANY businesses in the commercial and light industrial sector of Freeport are closed for business, having suffered major flood damage and significant inventory loss due to Hurricane Dorian.Storm surge swept throughout the entire business district off
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College happy to open its new alumni office
SATURDAY July 20 marked a new page in the Saint Augustine’s College Alumni Association’s book. Due to damage caused by successive hurricanes, the alumni office, which for many years was originally located on the campus of St Augustine’s College, Fox
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Sandilands staff pray for church, community assistance
Sandilands Rehabilitation Centre officially launched its Sandilands Month of activities on Tuesday at St Anselm’s Roman Catholic Church under the theme “Advancing Physical and Mental Health through Community Integration”. The service was officiated b
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China auto show highlights industry’s electric ambitions
The biggest global auto show of the year showcases China’s ambitions to become a leader in electric cars and the industry’s multibillion-dollar scramble to roll out models that appeal to price-conscious but demanding Chinese drivers.
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Bahamian retailers hit by ‘showroom effect’
BAHAMIAN retailers yesterday said they have fallen victim to the “showroom effect” with consumers using them as ‘fitting rooms’ before purchasing online.
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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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SuperGreen Solutions: How to slash 35% off the energy bill
According to the US Department of Energy, 35 per cent of the average home’s electric bill is from water heating. Today, we will discuss how to reduce that: Make the Bahamas a little greener, and save money.
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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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Bus & Truck eyes dealer’ pole position
A well-known Bahamian auto dealership has invested $125,000 into its newly-revamped showroom, in the belief that its “cutting edge” rebrand will attract younger customers.
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