Puerto Rico’s new car market showed a deeper contraction than that of the U.S. mainland from March to May — the peak quarantine months to curb the COVID-19 pandemic — but the local market has recovered much faster since then, according to a study by Abexus Analytics. According to the firm’s research entitled “Economic Trends […]
Puerto Rico’s new car sales took a slight hit in 2019, when 106,606 units were sold, representing a 1.2% year-over-year drop when compared to the 107,941 vehicles sold in 2018, the United Automobile Importers Group announced. GUIA, as the trade group is known by its initials in Spanish, revealed last year’s results as well as […]
The United Automobile Importers Group announced that a total of 7,631 new cars were sold in Puerto Rico last month, representing a 21.2% decrease compared to the 9,724 units sold during the same month last year. The trade group known as GUIA for its initials in Spanish, said the segments that saw the biggest sales […]
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