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January 17, 2024
Auto dealers pushing for price control relief amid burden of rising business costs
Industry sees major rebound in 2023, but bemoans price controls NASSAU, BAHAMAS — The President of the Bahamas Motor Dealers Association (BMDA) yesterday lamented the burden of rising business costs and underscored the industry's ongoing efforts to seek relief from price controls, citing these challenges as impediments to growth. "We fall in the category of [...]
Auto dealer fears 'huge' business loss
May 01, 2011
Auto dealer fears 'huge' business loss
By ALISON LOWE
Business Reporter
alowe@tribunemedia.net
A MAJOR Nassau car dealer is braced for a "huge negative impact" on its business levels resulting from the total elimination of its Honda inventory due to manufacturing cutbacks by the car maker in earthquake-stricken Japan.
Nassau Motor Company was advised that as of April 15, Honda Motor Company's manufacturing output would be down by 50...
May 31, 2023
Auto dealers hopeful of upward trend following 'epic' first quarter
NASSAU, BAHAMAS — The Bahamas Motor Dealers Association (BMDA) president said yesterday that the industry was hopeful it would continue its upward trend following an "epic" first quarter, with sights set on the return of the BMDA's auto show for the first time in four years later this fall. Ben Albury, The Bahamas Bus and [...]
Teen pleads guilty, fined $1000 for theft of auto
March 08, 2023
Teen pleads guilty, fined $1000 for theft of auto
AN 18-year-old was fined $1,000 yesterday after he admitted to stealing a woman's car.
Teen held on armed robbery charge and theft of auto
March 02, 2023
Teen held on armed robbery charge and theft of auto
A TEENAGER was sent to prison yesterday after being accused of stealing a woman's car last month.
'Flummoxed' over 24 auto sales fall
October 24, 2010
'Flummoxed' over 24 auto sales fall
By NEIL HARTNELL
Tribune Business Editor
Bahamian new car dealers "are sort of flummoxed" that vehicle sales for the 2010 third quarter declined by 24.26 per cent compared to the June quarter, Tribune Business has been told, the sector having anticipated a "boost" from the fact they were selling inventory not impacted by the 2010-2011 Budget tax increases.
Rick Lowe, operations manager at Nass...
Auto prices continue to rise
July 13, 2022
Auto prices continue to rise
A sports utility vehicle (SUV) that would have cost $45,000 to $50,000 before the start of the COVID-19 pandemic can cost customers around $60,000 for the same vehicle today, Bahamas Bus & Truck General Manager and Bahamas Motor Dealers Association (BMDA) Vice President Ben Albury said. On average, new car prices in The Bahamas are up 20 ...
The post Auto prices continue to rise appeared first on ...
January 23, 2015
September 08, 2021
Auto retailers caught off guard by high demand for luxury vehicles and low inventory
The local automotive industry has been caught off guard by what has become a high demand for luxury vehicles and low inventory as a result of global supply chain shortages.
February 25, 2015
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