By NEIL HARTNELL

Tribune Business Editor

A leading new car dealer has warned that a tripling of his real property tax bill, plus an estimated 50 per cent Business Licence fee increase, coupled with the increased auto import duties and general economic malaise means that he cannot avoid staff downsizing "for much longer".

Fred Albury, president/owner of Executive Motors, told Tribune Business he was "sitting here with my life jacket on" waiting for the expected rising economic tide in 2011 to lift his business and others, but warned that his sector was "having a very difficult time" - and not just because of the increased auto Excise tax rates and changed structure res ...

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