Goddard bets on Chinese car brand but Q1 segment results dissappoint

Goddard Enterprises Limited opened its fiscal 2026 on a troubled note in its automotive arm, reporting a “disappointing” first quarter to December 2025 – a setback that cast a shadow over an otherwise strong full-year performance and raised questions about the timeline for returns on a new Chinese-brand bet in Jamaica. “Looking ahead to fiscal year 2026, the division will focus on accelerating the roll-out of GAC vehicles, expanding into the Jamaican market and strengthening its position in the SUV segments,” stated Goddard.