The country managing director for CFAO Automobile Company, Paulo Fernandes has bemoaned the slow patronage of brand new cars in the country.
He said Ghana’s market is too small hence the need to partner with car dealers CAR45 to launch a car trading platform in Ghana.
The platform affords car owners of all brands to tender in their cars at CAR45 and CFAO to sell and swap cars for new models.
Paulo Fernandes told JoyBusiness, “The main benefit is to bring back customers of other car brands to buy showroom cars. The brand new car business is not booming in Ghana because the market is very small.”
He was very optimistic government’s automobile policy will help the industry to grow.
“Thanks to the new auto policy government is implementing for next year, we hope the market will grow because thanks to the ban of used cars import it will, first of all, grow the local market and this is why we launch this activity with CAR45” he added.
The Country Manager for CARS45, George Festus Mensah said, “The second-hand or used cars market must be structured in the country where every car must have a history in a database to make it easy for selling, buying and swapping cars in the country”.
According to him, CARS45 subjects every car to a 200 point assessment to ensure customers know the true value for their cars before they proceed to CFAO company showroom to make a choice of a new car and pay the difference to own a brand new car.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Zambia Emoluments Commission understudies Ghana’s FWSC
3 mins -
Rebecca Tweneboah Darko: Are men really the prize when it comes to relationships?
4 mins -
We just want to sit and review our working conditions – TEWU
10 mins -
Flower Pot Interchange: Explain how a GH¢69m project shot up to GH¢700m – Minority to gov’t
14 mins -
Most of my players are amateurs – Niger coach Badou Zaki discloses after win against Ghana
17 mins -
The Samira Bawumia Literature Prize: A critical vehicle for reviving writing, literature and nurturing talents
27 mins -
Embrace home gardening for sustainable food security
32 mins -
Seminar on ‘The Image of Africa in Hollywood Films’ inspires insightful discourse at UniMAC
35 mins -
Road fatalities in Kumasi decrease by 37% – Report
38 mins -
Public University lecturers campaign for John Mahama in Ho
44 mins -
How to (Not) govern an African country to the next election
48 mins -
Five clues from Man Utd video of first training under Amorim
49 mins -
MUSIGA empowers musicians with digital tools
50 mins -
CODEO cites abuse of incumbency ahead of 2024 election
1 hour -
Workshop to boost biosecurity practices in Ghana’s livestock and aquaculture sectors held
1 hour