Puerto Rico’s auto sales continue to take a beating this year, with 9.3 percent fewer units leaving dealerships in February, when 7,166 cars were signed away to their new owners.
Toyota Credit de Puerto Rico, the only captive finance company in the market, is preparing to face challenges in the short and long term under the leadership of its new CEO Brett Beals, a veteran executive, with more than 18 years of experience in the field, who took office last June.
Toyota de Puerto Rico Corp. kicked off 2014 with a new president. With more than 30 years of industry experience, 25 of them within Toyota, George Christoff will direct the operations and performance of the Toyota, Lexus and Scion brands in Puerto Rico, as well as the duties performed by Toyota Foundation and Lexus with the Arts, the company announced Thursday.