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Jamaica To Implement Pre-Shipment Inspection Process On JA$100 Billion A Year Imported Used Car Business

The Jamaican Government is moving to implement the Pre-Shipment Inspection (PSI) process for used vehicles entering the island, with the aim of ensuring consumer protection and fair trade. Permanent Secretary in the Industry, Commerce, Agriculture and Fisheries Ministry, Donovan Stanberry, provided details at a consultation with used-car dealers, on August 29 at the Petroleum Corporation […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Ubers’ Revenue Fuelled By A 150% Year-On-Year Increase In Trips By Uber Passengers Around The World

Ubers’ revenue is staying on course, this as business continued to surge in the second quarter, even as the company became engulfed in scandals that led to the departure of chief executive Travis Kalanick and several senior deputies. The rise was fuelled by a 150 per cent year-on-year increase in trips taken using the Uber […]

The Electric Car Reinvented By Dyson?

Jetcon Corporation Posts Improved EPS of 13.74 cents Up From 7.25 in 2016, for the six months to June 2017 – Jackson

Andrew Jackson President and CEO of Jetcon Corporation Limited in his report to Shareholders for the second quarter ending June 2017 has indicated that orders for the period after the quarter, are ahead of 2016 by 82 percent, and points to a positive outcome for the rest of the year, barring any unfavorable developments. He […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Volvo Commits To An All Electric And Hybrid Future

Håkan Samuelsson CEO of Volvo announced today that from 2019 onwards every model they produced would be hybrids or battery-powered electric vehicles, making Volvo the first traditional carmaker to call time on vehicles powered solely by an internal combustion engine. This announcement marks the end of the solely combustion engine-powered car, Samuelsson said in a […]

The Electric Car Reinvented By Dyson?

Taking These Actions in Japan and the U.S. Is The Best Way To Address The Ongoing Issues With Certainty And In An Organized Manner – Takata

Japanese automotive supplier Takata has filed for bankruptcy in Japan and the US and that it had agreed to be acquired for US$1.6 billion by the Chinese-owned U.S.-based Key Safety Systems. In the biggest bankruptcy of a Japanese manufacturer, Takata faces tens of billions of dollars in costs and liabilities resulting from almost a decade […]

The Electric Car Reinvented By Dyson?

Negotiations Far Advanced With Motor-Vehicle Manufacturer To Operate Out Of Special Economic Zone – Seaga

Chairman of the Jamaica Special Economic Zone Authority, Metry Seaga, says that negotiations are far advanced with a motor-vehicle manufacturer to operate out of one of the six special economic zones (SEZs) that have already been designated by the Government. Mr. Seaga speaking on the Jamaica Information Service (JIS) news magazine programme, ‘Issues and Answers’ […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Jetcon Looking To Secure Lucrative Tender Contract To Supply Pre-Owned Motor Vehicles To Jamaican Government.

Jetcon Corporation, the Andrew Jackson led dealer of pre-owned cars is yet to secure a lucrative tender contract to supply pre-owned motor vehicles to the Jamaican government. Management is however looking to such opportunities to bid on any contract that may be available in the future and is keeping an eye on the government’s continued […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Investors Reward Telsa And Amazon With Higher Market Caps Compared To Their Peers

Tesla the upstart electric carmaker for example has roared ahead of Ford and has now surpassed the US motor pioneer in market value, as investors look to a future beyond the internal combustion engine. Analysts however are not convinced of the sustainability of this as they remind investors that Ford earns money, lots of it […]

The Electric Car Reinvented By Dyson?