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Used-car dealers increase even as market declines

2015-03-25 06:54:54| Auto Dealers - Topix.net

Despite an increase in the number of players in the sector, the used car market saw a decrease in the number of vehicles imported for January to December 2014, closing the period at 11,350 vehicles, down from the previous year's 11,800. Sales were also negatively impacted by decreased consumer spend, leaving dealers with inventories "that are moving too slow for comfort," president of the Jamaica Used Car Dealers Association , Lynvalle Hamilton, said at the association's annual general meeting in Kingston last week.

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