Puerto Rico new car sales totaled 88,175 units in 2014, down 12.3 percent versus 2013, and representing the lowest level of sales since 2009, members of the United Automobile Importers Group said Wednesday.
Despite a seemingly unstoppable downward spiral of auto sales in Puerto Rico, which dropped by 17.2 percent last month when compared to November 2013, the United Automobile Importers Group remains optimistic that there will be an improvement when the year wraps up in about two weeks.
Motor vehicle sales in Puerto Rico skidded into their ninth month of steady decline in October, when activity declined by 19.7 percent year-over-year, the United Automobile Importers Group revealed Monday.
Luxury automaker Infiniti recently sponsored the presentation of the World Stars of Classical Ballet Gala at the Luis A. Ferré Fine Arts Center in Santurce.
Auto sales in Puerto Rico continued their downward trend in Spetember, when 8.1 percent fewer vehicles went to new owners, marking the eighth consecutive month of this year showing negative results, according to numbers released Thursday by the United Automobile Importers Group.
Puerto Rico’s auto industry skid into its seventh month of sales losses in August, when activity was down 20.1 percent in comparison to the same month last year.
Puerto Rico automakers sold a meager 6,324 units last month, representing a 21.3 percent year-over-year drop and marking the sixth consecutive month the sector has seen a reduction in activity, the United Automobile Importers Group said Tuesday.
Given the large volume of people driving around cars that have surpassed their useful life in the market, a Puerto Rican auto dealership has come up with an incentive to help consumers upgrade to a newer unit.
The United Automobile Importers Group (known as GUIA for its initials in Spanish), raised a red flag Thursday over the unstoppable slide Puerto Rico’s auto sales have gone into over the past five months, a trend upheld in June, when activity was down 15.8 percent.
The Ambar Infiniti dealership was recently recognized with the prestigious Global Infiniti Performance Award, which is awarded by Infiniti Motor Company Limited.
The United Automobile Importers Group (known as GUIA for its initials in Spanish) confirmed Monday that the downward spiral that Puerto Rico’s car industry has been on this year continued in May, when sales were down 6.7 percent year-over-year.
Automotive sales in Puerto Rico and the U.S. Virgin Islands went into a freefall last month, when results were down 15 percent in comparison to the same month last year, the United Automobile Importers Group (known as GUIA for its initials in Spanish) informed Tuesday.
The United Group of Automobile Importers, (known as GUIA for its initials in Spanish), predicted Wednesday a stable 2014 for auto sales in Puerto Rico and the U.S. Virgin Islands, after wrapping 2013 with virtually flat results.
Car sales dropped 11.3 percent in Puerto Rico and the U. S. Virgin Islands during December 2013 when 11,024 were sold, which represents 1,408 units less than those sold the same month in 2012, the United Automobile Importers Group (known as GUIA for its initials in Spanish), announced Tuesday. It is the lowest figure for […]
Puerto Rico's economy continued to be a hot button issue as growth continued to stall.
A Dow Jones/Factiva content provider since 2014
Subscribe to our Dollars & Sense podcast!
NIMB ON SOCIAL MEDIA