Ford Motor Company cruised through the first half of 2011, with a reported 37 percent increase in year-over-year vehicle sales in Puerto Rico, at a time when the industry had an overall growth of 1.9 percent, company officials said Thursday.
European car dealership Euroclass Motors and Autos Vega, the island’s largest Ford Dealership, filed for Chapter 11 bankruptcy protection Wednesday, News is my Business has learned.
Automaker Ford reported an increase in sales of 39 percent during the first quarter of 2011 in Puerto Rico, ranking second behind Toyota Puerto Rico, with 2,329 new units sold during the three-month period, Waldo Galán, general director of Ford International Business Development for Puerto Rico said Thursday.