Search results for : new car dealers

Showing 81 to 90 of 110 results


News Article

February 20, 2011
Dealer's job cut fear over tripling tax rate

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...

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News Article

February 20, 2011
Car dealers: 15 years to recover from 50-60 drop

By NEIL HARTNELL

Tribune Business Editor

It will take 15 years for Bahamian new car dealers "to get back up to the sort of industry that was there" pre-recession if last year's 3.27 per cent growth rate is maintained, with total sales levels down 50-60 per cent from their high.

While agreeing that last year's total new car sales growth, as measured by the Bahamas Motor Dealers Association (BMDA...

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News Article

November 24, 2011
CAR DEALERS SUFFER 75M REVENUE HIT

By NEIL HARTNELL

Tribune Business Editor

BAHAMAS Motor Dealers Association (BMDA) members saw their collective sales revenues fall by more than $75 million over the first 10 months of the years between 2009-2011, one dealer suggested yesterday, although current statistics indicate the sector is headed in the right direction.

Admitting that his estimate was conservative, being based on an avera...

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News Article

September 22, 2011
AUTO DEALER SUFFERS 'WORST EVER MONTH'

By NEIL HARTNELL

Tribune Business Editor

A BAHAMIAN auto dealer yesterday said August 2011 was "the worst month" it had ever experienced for new car sales since opening its doors in 1996, the industry overall seeing an almost 11 per cent year-over-year decline against 2010 comparatives.

Andrew Barr, sales manager at Friendly Motors, told Tribune Business that in the aftermath of the dramatic ta...

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Event
BMDA Annual Car Show
BMDA Annual Car Show

Saturday 26th March 2011  10:00 AM

The Bahamas Motor Dealers Association is hosting their Annual Car Show in The Mall at Marathon. New Car Dealers, Insurance Companies and Lending Institutions will be onsite to put you behind the wheel of your new ride.

Start Time: March 26th at 10:00am
End Time: March 26th at 9:00pm
Where: The Mall at Marathon


Event
BMDA Annual Car Show
BMDA Annual Car Show

Friday 25th March 2011  10:00 AM

The Bahamas Motor Dealers Association is hosting their Annual Car Show in The Mall at Marathon. New Car Dealers, Insurance Companies and Lending Institutions will be onsite to put you behind the wheel of your new ride.

Start Time: March 25th at 10:00am
End Time: March 25th at 9:00pm
Where: The Mall at Marathon


News Article

March 30, 2011
Car dealers fear supply shortages

By NEIL HARTNELL

Tribune Business Editor

Bahamas Motor Dealers Association (BMDA) members have expressed concerns over whether their new vehicle supplies will meet demand, especially if last weekend's Car Show stimulates buyer activity, due to factors such as the Japanese earthquake and worldwide demand for the latest model.

This, they told Tribune Business, will be compounded by the fact most ...

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News Article

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...

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News Article

June 22, 2010
Car dealer allegedly shortchanged Customs

A local car dealer cleared six SUVs through the Department of Customs at a rate of 60 percent, the day after Prime Minister and Minister of Finance Hubert Ingraham raised the duty rate on such vehicles to 85 percent, The Nassau Guardian has learned.

In total the car dealer allegedly shortchanged customs by more than $28,000, according to documents obtained by The Guardian.

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Business Listing

Bain's Auto Parts & Tyre Repair
Automobile Parts & Supplies
  • Victoria Point
  • Mangrove Cay
  • Andros, Bahamas