Courtesy’s market share soars
Courtesy Garage Limited is reporting a significant increase in its share of the local automotive market.
General Manager Nicholas Mackie informed the company’s annual awards ceremony at the Lloyd Erskine Sandiford Centre this afternoon that in November this year, Courtesy sold 73 vehicles and achieved to capture 29 per cent of the market.
“This is a major achievement and is the first time since the early 1990s that we have achieved such a significant share market,” Mackie boasted.
He said this had raised the company’s year-to-date market share from 11 per cent last year to 19 per cent this year.
“In short, we are saying to the two large competitors, Courtesy is back in the game and we are here to stay,” Mackie declared.
He thanked Minister of Finance, Chris Sinckler for reducing the duties on new vehicles in his July Budget speech this year.
“This reduction has already begun to impact positively on the industry with increased sales which will … increase revenue. Thank you honourable minister, you have injected new life into the automotive industry,” Mackie added.
He also announced that the company would be able to pay a bonus to staff this year, thanks to a “sterling performance in September, which basically saved the year”. (EJ)††