Puerto Rico’s retail sales reflected a slight 1.7 percent jump year-over-year in June, when economic activity exceeded $3.1 billion, according to data released by Puerto Rico Trade and Export Wednesday.
Puerto Rico automakers sold a meager 6,324 units last month, representing a 21.3 percent year-over-year drop and marking the sixth consecutive month the sector has seen a reduction in activity, the United Automobile Importers Group said Tuesday.
The United Automobile Importers Group (known as GUIA for its initials in Spanish), raised a red flag Thursday over the unstoppable slide Puerto Rico’s auto sales have gone into over the past five months, a trend upheld in June, when activity was down 15.8 percent.
Puerto Rico’s retail sector reflected positive year-over-year growth in March and April, when activity grew by 2.2 percent and 1.3 percent, respectively, Puerto Rico Trade and Export informed Wednesday.
The United Automobile Importers Group (known as GUIA for its initials in Spanish) confirmed Monday that the downward spiral that Puerto Rico’s car industry has been on this year continued in May, when sales were down 6.7 percent year-over-year.
Automotive sales in Puerto Rico and the U.S. Virgin Islands went into a freefall last month, when results were down 15 percent in comparison to the same month last year, the United Automobile Importers Group (known as GUIA for its initials in Spanish) informed Tuesday.
The Federal Deposit Insurance Corporation has warned Doral Bank that it may no longer include in its calculation of its Tier 1 Capital some or all of the tax receivables from the government, which represented $289 million of the bank’s approximately $679 million of Tier 1 Capital at Dec. 31, 2013.
New York — When it comes to selling cars in the Americas, Toyota has found a very vibrant and accepting market in Puerto Rico, where it has a tight grasp on about 30 percent of the auto sales quota, which in comparison to the rest of North America is significantly high.
Puerto Rico’s auto sales continue to take a beating this year, with 9.3 percent fewer units leaving dealerships in February, when 7,166 cars were signed away to their new owners.
As the economy contracts further, many small biz owners are letting their laments fly sky high. “Con el grito en el cielo.” Sales of services or products seem to stall at times like these, much to everyone's chagrin.
Recognizing that sales are the engine to move the economy forward, the Puerto Rico Sales and Marketing Association will present international speaker Milton Olave during its upcoming SME Sales Summit conference.
The time it takes for the Tuscalossa Amphitheater in Alabama to offer customer service has been reduced by half, while sales have increased by 20 percent since the venue implemented the eMobilePOS mobile point of sale system developed by Puerto Rican company e-Nabler, representatives announced.
The United Group of Automobile Importers, (known as GUIA for its initials in Spanish), predicted Wednesday a stable 2014 for auto sales in Puerto Rico and the U.S. Virgin Islands, after wrapping 2013 with virtually flat results.
E-mails with no response are a frustrating part of running an online business.
Car sales dropped 11.3 percent in Puerto Rico and the U. S. Virgin Islands during December 2013 when 11,024 were sold, which represents 1,408 units less than those sold the same month in 2012, the United Automobile Importers Group (known as GUIA for its initials in Spanish), announced Tuesday. It is the lowest figure for […]
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