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Car dealers call for tax ease

Sanka Price

Car dealers call for tax ease

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With a 38 per cent drop in new vehicle sales between 2007 and 2011, two dealers are calling on Government to ease taxes to save the jobs of hundreds of workers.
Those interviewed by the MIDWEEK NATION said the sector was so depressed that two dealerships, Motor Services and Warrens Motors, closed last year resulting in the loss of nearly 100 jobs.
And with sales declining eight per cent last year as compared to 2010, one dealer said Government should relook its policy of allowing the importation of used vehicles as this was undermining sales of new models and contributing to further despair.
Statistics of total new vehicle sales recorded by the Garage Group, the association comprising all but one of the local dealerships, show that in 2007, 4 320 models were sold as against 2 679 last year.
Read the full story in today’s MIDWEEK NATION.