10,000 used-car workers may face breadline

[Duane 3NE 2NR]

THE foreign-used car industry may have to retrench more than 10,000 workers since no packages for quotas of vehicles have been issued.
This according to head of the Trinidad and Tobago Automotive Dealers Association (TTADA) Visham Babwah.
Members of TTADA met on Tuesday at the P&V Automotive headquarters of TTADA in Cha­guanas.
Babwah said the recession has slowed sales and used-car dealers have not received any quota letters for the year.
He said some dealers have run out of stock and have had no choice but to halt operations.
Babwah said TTADA held discussions with Minister of Trade Paula Gopee-Scoon in October on the issue, but “the association’s pleas may have fallen on deaf ears”.

http://www.trinidadexpress.com/20160113 ... adline8217

[eliteauto]

new car prices are dropping + 100% financing and a maximum loan term of 7.5 years is gonna hurt them as well

[cinco]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

[silent_riot]

How are those figures estimated? More than 10,000?
They can't sell cars but yet they know the economic outcome of their industry?
As the article said, it was slowed sales, not a drastic change, so they unfortunately knew this was coming for some time now.

[neexis]

With a fairly decent local used car market, is there as much need for foreign used options?

[zoom rader]

Dem dealers should take what dey vote for

[j.o.e]

Last year was the same thing they were beating up in January for their quotas.

[fokhan_96]

With a fairly decent local used car market, is there as much need for foreign used options?

Have you see the prices of local used cars? Compare a 6 year old local used car and the same car 6 year old RoRo. Which do you think is cheaper. ? Plus some people think that because they have a new car and it's still on warranty they could treat their car like chit... The next owner would deal with it.

[j.o.e]

People like fu because they get new plates ..... That's it.

[hustla_ambition101]

People like fu because they get new plates ..... That's it.

Not everyone. Why buy a 10 to 15 year old local used roro with high mileage for 70k when you can get a newer one for a little more. Just look on tuner and tcfs. The overpriced vehicles have long threads of only bumps for months and even years....the smartly priced ones which are few and far between go quickly.

[neexis]

With a fairly decent local used car market, is there as much need for foreign used options?

Have you see the prices of local used cars? Compare a 6 year old local used car and the same car 6 year old RoRo. Which do you think is cheaper. ? Plus some people think that because they have a new car and it's still on warranty they could treat their car like chit... The next owner would deal with it.

I don't understand your warranty argument considering that most new vehicles come with warranties of 2-4 years or something like 80k-100k km [whichever comes first]. In order to maintain said warranty, the vehicle needs to be serviced by the dealer during that period. Even so, it does not cover components that are subject to wear, so why would an owner treat a new vehicle badly?

[mark2.0]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

Agreed, But is the small man who working for them would be on the bread lines.

[link]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

Agreed, But is the small man who working for them would be on the bread lines.

now y'all understand who , exactly, is going to end up in the sheit shovel ??

[1UZFE]

No love for d poor.
How much more people wud be out of jobs by June 2016.?

[j.o.e]

Every year this happens tho. I don't think this is Gov't policy , just bureaucracy and late processing of licenses

[tr1ad]

Dem dealers should take what dey vote for

could you for once just hush yuh kant?

[Ronaldo95163]

New car prices really falling???

[zoom rader]

Dem dealers should take what dey vote for

could you for once just hush yuh kant?

Government change bro,

It's pure politics
.just now they will Tax you to take a sleep

[heads]

this is what they vote for ent b 4 election d association say d pnm will handle them better take better

[kjaglal76v2]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

how exactly RORO dealers "digging out ppl eye"?

[Ryan2302]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

how exactly RORO dealers "digging out ppl eye"?

The only people digging out anyone's eyes is the new cars dealers who offer poorly equipped vehicles with a lackluster warranty plan..while implementing pricing strategies that are outrageous that do not cater to the poor man who is trying to increase their standard of living.

[Morpheus]

Dem dealers should take what dey vote for

could you for once just hush yuh kant?

Nope...

[DVSTT]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

how exactly RORO dealers "digging out ppl eye"?

Never had a RORO vehicle, but the prices I've seen seem reasonable, still won't buy one due to that roll back mileage nonsense.

[Redman]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

how exactly RORO dealers "digging out ppl eye"?

The only people digging out anyone's eyes is the new cars dealers who offer poorly equipped vehicles with a lackluster warranty plan..while implementing pricing strategies that are outrageous that do not cater to the poor man who is trying to increase their standard of living.

and yet new cars selling.

No one crept you figured out their nefarious plan

[daron]

I wonder if for these 10,000 worker if they were paying n.I.s , and health surcharge ?
But then again they probably wasn't making any money and couldn't afford it

[daxt0r]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

how exactly RORO dealers "digging out ppl eye"?

umm just to start

bringing down knock down cars and reassembling for sale
bringing down old cars an hav dey padnas in customs an licensing look the other way
bringing down high mileage cars and rolling back the mileage
bringing down damaged rated japan auction vehicles at low cost

all these save on costs and do they pass to consumer? no they smile to the bank all the while charging the nice high market value price an making a killing

[zoom rader]

By now dem used car dealers should all be sitting on a big stack of money from all the years of digging out ppl eye

how exactly RORO dealers "digging out ppl eye"?

umm just to start

bringing down knock down cars and reassembling for sale
bringing down old cars an hav dey padnas in customs an licensing look the other way
bringing down high mileage cars and rolling back the mileage
bringing down damaged rated japan auction vehicles at low cost

all these save on costs and do they pass to consumer? no they smile to the bank all the while charging the nice high market value price an making a killing

Told you all that trinis are nasty ppl

[fallen_angel]

now bandit will have to rob bandit here, nobody will be able to afford anything or have anything again

[zoom rader]

now bandit will have to rob bandit here, nobody will be able to afford anything or have anything again

This government will tax you for not being able to afford anything

[playerskrew]