Ideal Autos Inc., has announced the launch of a Hyundai new passenger car and commercial vehicles dealership at Little Diamond, East Bank, Demerara, scheduled to open at the beginning of August, 2015.

The company said it will establish the very first modern, state-of-the-art, auto centre in Guyana.

The auto dealership company, in a statement, said it has secured the distribution rights for new passenger, commercial and special purpose vehicles for Guyana from the multi-national powerhouse Hyundai Motor Company headquartered in Seoul, South Korea.

The first shipment of vehicles, from South Korea, arrived in Guyana last week and will be on display at the Company’s premises currently under construction at Little Diamond.

The company said it will be expanding its business in the next few months to include a range of agricultural machineries (e.g., ArmaTrac tractors); a state-of-the-art quick service centre for oil and brake change for all makes of passenger vehicles; a retail and wholesale distribution centre for high-quality motor oils and lubricants (Coastal Oil) for passenger vehicles, heavy-duty trucking, construction, mining and farm
equipment manufactured by the iconic U.S. based Warren Oil Company.

According to the statement, the company was formed by a combination of domestic and foreign investors, some of whom are members of the Guyanese Diaspora looking forward to investing in Guyana. The group comprises Mr Peter Rippon and Mr Paul Rippon of Antigua; Mr R.L. Singh, a respected local businessman based in Georgetown; Mr Heralall (Hera) Nandlal, a Chartered Accountant based in Toronto, Canada; and Bhaktraj (Raj) Singh, a financier and real estate developer based in Toronto, Canada.

Peter Rippon, CEO of Ideal Autos, said the first person to introduce Hyundai in CARICOM, a British trained mechanical engineer, and a 35-year veteran in the automotive, trucking, agricultural and farm equipment business states “we are pleased to offer the Guyanese people new Hyundai vehicles with comprehensive three years warranty at prices that are competitive to the prices of reconditioned vehicles offered without warranty. I think the Guyanese people will see the huge economic benefits of buying a new vehicle. Stay tuned for our exciting promotions.”

Mr. Nandlal added, “Our decision to make this investment was accelerated by the Government’s stated intention to rationalise the duty and taxes on new vehicles. We would like to see more Guyanese drive new vehicles – we need to catch up with our neighbours and the rest of the world. There will be significant benefits to the environment from the use of new vehicles with higher emission standards compared to older vehicles.”

Mr Raj Singh further stated that “I am very happy to be back in Guyana as an investor and am looking to get involved in other projects that will benefit the Guyanese people. Ideal Autos will create a number of quality full time jobs for skilled, sales and administrative personnel”.

The company is looking to fill a number of vacancies, including licensed mechanics for passenger vehicles, trucks and tractors; sales persons for passenger and commercial vehicles and tractors; and staff for administrative positions. Qualified persons can send their resume to: jobs@idealgroupgy.com or
Ideal Autos Inc. 252, South Road, Bourda, Georgetown