The United Group of Automobile Importers (GUIA), an organization representing the automotive industry in Puerto Rico, today presented the results of new car sales for January 2021. The month ended with a total of 10,085 units sold in Puerto Rico. as opposed to the sale. for this month last year from 6,653, which is an increase of 51.6% compared to the previous year.
One of the segments that had a significant impact on the month was the Minivan segment with an increase of 99.1%, followed by the Vanes segment with an increase of 85% and the Sedanes segment with an increase of 81.1%. compared to last year.
“January’s growth of more than 51% over the previous year’s totals is extraordinarily unusual in a mature market like ours, but the reality is that it mainly responds to the effect of the January 2020 earthquakes, which logically impacted that growth in January, we also saw an increase in rental car deliveries of more than 205% as units that could not be delivered in December due to production capacity at the factories were delivered in January. like this in over 15 years. What we are experiencing is a rising demand driven by federal funds and this year we will not be closed for two and a half months by Executive Order like we were last year. Therefore we forecast an industry of 104,000 units this year. year, above 95,000 by 2020. ”said Ricardo M. García, president of GUIA.
As he said, with the new administration in the United States, the additional funds allocated to the island are expected to begin arriving this year and help boost the economy.
“With a significant increase in vaccination, opening the sectors back to normal, we have to start meeting the expectations of everyone, both the public and private sectors. Without it, everything would be delayed. There is a collective desire. we who make up the automotive industry ecosystem because we can be an important part of the engine that contributes to the economic growth of our country and continue to serve our customers safely, as we have done so far , ”He concluded.
GUIA is an independent non-profit organization founded in 2006 to deal with matters that directly affect the automotive industry, as well as matters related to Puerto Rico’s overall economy.
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