Event features electric and hybrid cars, vintage collectibles and marine engines. #NewsismyBusiness
Commercial vans and full-size SUVs see growth, while sports cars and compact pickups face declines amid inventory instability. #NewsismyBusiness
New car sales reflected a 10.9% drop in 2020, when 95,019 units were sold, in comparison to 106,624 sold in 2019, according to the latest report by the United Automobile Importers Group. During a presentation, the trade group known as GUIA in Spanish, said fleet sales represented 8.4% of total sales with 7,976 units. That […]
New car sales for the month of November totaled 10,503 in Puerto Rico, up 5% year-over-year from the 10,001 units sold in the same month in 2018, he United Group of Automobile Importers confirmed. GUIA, as the trade organization is known for its initials in Spanish, said, however, that new car sales so far this […]
New car sales in Puerto Rico took a 10% dip in August when compared to the same month in 2018, the United Group of Automobile Importers confirmed. The organization known as GUIA for its initials in Spanish, which represents the automotive industry in Puerto Rico, confirmed that August ended with a total of 8,236 units […]
Hand gestures, head nods and thumbs-up signals all help to ensure drivers, pedestrians and cyclists know what each other is doing. But how will self-driving vehicles, with no human driver, communicate with those around them? Ford has been testing one approach that uses lights to indicate what the vehicle is doing and what it will […]
Puerto Rico’s new car sales received a significant boost last year, when a total of 107,941 units sold, compared to the 84,080 units sold in 2017, representing a 28.4 percent increase. However, the United Automobile Importers Group, known as GUIA for its initials in Spanish, predicted that this year, the industry will see a reduction […]
Garage Isla Verde, Puerto Rico’s only authorized Mercedes-Benz dealer, inaugurated new facilities with a renovated proposal for its certified pre-owned vehicles division, as part of a $10 million, seven-year growth plan.
Under the motto "buy your car with a single click," Popular Auto announced an alliance with Hyundai of Puerto Rico to offer consumers the convenience of purchasing their new car from their cell phone, tablet or computer.
Toyota Motor Company is rolling out 12 new vehicles this year, including the addition of a couple of models to its eco-friendly lineup, as well as redesigning several of its flagships to appeal to a new kind of buyer.
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.
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.
Hyundai owners and would-be customers in northwestern Puerto Rico now have a $4 million dealership to visit, which was recently opened by a trio of executives — Agustín H. Font, Raúl Rivera and Víctor Caraballo — to serve the region.
BMW authorized dealer Autogermana recently introduced the X1 luxury “sports activity vehicle” to the Puerto Rico market, offering consumers a vehicle that combines the qualities of a sports sedan with the versatility of an SUV.
Sylvia M. López-Cartagena, an 18-year veteran at Banco Popular, has taken over the helm of its Popular Auto subsidiary, becoming the first woman to head the car loan operation since its establishment in 1990.
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