Ian Lyn goes new-car route
BY BRIAN BONITTO Associate Editor -- Auto and Entertainment email@example.com
IAN Lyn, managing director of the Constant Spring Road-based Carmax, has entered the new-car sector.
Lyn — a former president of the Jamaica Used-Car Dealers Association — recently acquired the Peugeot brand, which was formerly owned by Progressive Motors, and the Tata brand, which was operated by Metis Motors.
"I'll handle the sales and importation aspects for PeugEot for the next two years, while Progressive [Motors] will oversee the service and parts," he explained to Auto.
The managing director said, since taking over the French brand on April 1, he has already sold two vehicles.
"They are solid, sturdy, and fast," he said.
Peugeot — manufactured by PSA Peugeot Citroën — enjoyed huge success in Jamaica during the mid-1980s. Lyn said he intends to restore it to its former splendour.
"These drive like any European vehicle on the market today, and the price is right," he said.
Lyn said he also has high hopes for the India-made, fuel efficient Tata Nano.
"We are targeting fleet businesses for the Tata Nano... security and courier companies," he said.
The Carmax MD said the Tata Nano dealership acquisition came with a plus.
"We also got their Hope Road location. We believe having such a great location will drive our sales," he added.
In addition to new-car and used-car sales, the five-year-old Carmax is the authorised dealer for pre-owned Hyundai vehicles.
"Our vision is to become a major player in Jamaica's auto industry," he said.