Dealers Push for FX Access in Budget | Trinidad and Tobago News

Trinidad and Tobago’s auto dealers are sounding the alarm over shrinking foreign exchange access, calling it a major hurdle as the government prepares its next budget. They’re urging policymakers to ease currency restrictions to keep car businesses afloat — especially as hybrid car taxes remain a key concern. While they’re fine with the current cap of 15,000 imported vehicles annually, the real story is how global competition is reshaping the market: cheaper new cars from India and Thailand, backed by ultra-low financing rates, are outpacing used imports — whose prices are climbing. Dealers’ top ask? More forex to keep wheels turning and customers driving. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/58f3898374a69805