The event explored AI tools, sales and tariffs as part of a shifting automotive landscape. #NewsismyBusiness
Premier Insurance’s Miguel López also noted the need for better-trained sales staff. #NewsismyBusiness
Innovation, sales automation and the economic impact on the industry were discussed. #NewsismyBusiness
New auto sales in Puerto Rico jumped by 40.5% in September, when compared to the same month in 2022. #NewsismyBusiness
A total of 11,000 new cars were sold in Puerto Rico in August. #NewsismyBusiness
Commercial vans and full-size SUVs see growth, while sports cars and compact pickups face declines amid inventory instability. #NewsismyBusiness
With this, Ford increased its market share from 9.4% in 2021 to 10.6% in 2022.
The industry is still dealing with a shortage of production components.
New car sales in Puerto Rico hit a record figure last year, when 129,145 vehicles were sold, representing a 36% jump when compared to 2020, and the highest growth since 2005, when 140,400 units were sold, the United Automobile Importers Group (GUIA, in Spanish) announced. Last year’s industry growth happened despite the effects of the […]
Puerto Rico consumers changed their buying habits, particularly related to cars, during the COVID-19 pandemic, as they moved more toward using online tools to get better deals and prices, according to Growth Digital, Google’s marketing arm. Due to the COVID-19 pandemic, consumer expectations changed and now they “want much more digital experiences that are easier, […]
Puerto Rico’s new car sales totaled 8,695 units in August 2020, up 5.6% from the 8,236 vehicles sold during the same month last year, the United Automobile Importers Group confirmed. However, so far this year the industry maintains a cumulative sales drop of 24.3%, trade group officials said. The segments that showed slight increases in […]
Puerto Rico’s new car sales spiked by 38% year-over-year in July, with 10,595 units sold, the United Automobile Importers Group confirmed. Despite last month’s growth, so far this year, the industry has seen a contraction of 28.4%, the trade group known as GUIA stated. Segments reflecting the greatest jumps in July were vans, with an […]
The United Automobile Importers Group confirmed that a total of 280 units new cars were sold on the island during the month of April, sharply contrasting the 7,352 vehicles sold during the same month a year ago. That represents a decrease of 96.2% for the month, and a reduction of 43.2% so far in 2020, […]
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 United Automobile Importers Group announced that a total of 10,200 new cars were sold in Puerto Rico last month, representing a 6.3% increase vs. the 9,596 units sold during the same month in June 2018. GUIA, as the trade group is known by its initials in Spanish, said the increase so far this year […]
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