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.