1 minute read
Automotive & Aviation
The automotive sector in Trinidad and Tobago is made up of new and foreign used vehicle dealerships. The new car market is controlled by a small group of franchise holders for US, European, and Asian brands. The foreign used vehicle market consists of many small and medium-sized dealers. Because of the nature of the industry and constraints on the market at present, the number of dealers can range anywhere between 377 (the total number of authorised used car dealers) and half that amount.