Luxury automaker Lexus recently inaugurated its newest dealership on Route 2 in Ponce, Puerto Rico. The $1.5 million, 4,000 square-foot facility features a four-vehicle showroom, a 60-vehicle parking facility, a certified, pre-owned sales department, as well as parts and service areas.
Auto executives serving the Puerto Rico and U.S. Virgin Island markets agreed Tuesday that the best time to buy a new car and invest in the auto industry is now, as the sector has upheld the momentum begun last year and is on track for improvement in 2012.
Auto financing company Popular Auto is taking its portfolio of products and offers on the road, visiting dealerships from Río Piedras to Ceiba this weekend as part of its “Popular Auto in your dealer” campaign.
Toyota de Puerto Rico unveiled the latest addition to its eco-friendly lineup, the Prius V, which stands for versatility, something the vehicle promises to deliver through its greater interior space and cargo room, comfort, and fuel efficiency, among other features.
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.
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