New car sales in Puerto Rico reflected a 66% year-over-year drop in March, slammed by the strict emergency measures in place to contain the spread of the coronavirus COVID-19 virus, industry officials confirmed. The United Automobile Importers Group, known as GUIA in Spanish, confirmed that 3,154 units were sold in March, compared to 9,309 new […]
The month of January ended on a negative note for Puerto Rico’s automotive industry, which reported a year-over-year drop in new vehicle sales of -18.5%. The United Automobile Importers Group reported that 6,664 new cars were sold last month, down from the 8,172 sold during January 2019. One of the segments that suffered a significant […]
Icahn Automotive, an Icahn Enterprises L.P. company, which owns and operates Pep Boys, has completed its acquisition of Tecnicentros Mundial, a six-location automotive service chain in Puerto Rico. The financial terms of the agreement were not disclosed. The Tecnicentros Mundial locations in Caguas, San Juan Centro, Río Piedras, Campo Rico, Dorado, and Ponce will be […]
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