NewsWhore
04-22-2008, 02:30 PM
According to the Association of Vehicle Makers Concessionaires (ACOFAVE), consumers seem to prefer to buy pre-owned vehicles instead of new ones. During a press conference, ACOFAVE President Enrique Fernandez said that during the first three months of the year, 7,355 new vehicles were sold, which is the same amount sold during the first three months of 2007. Fernandez attributed the stagnated growth rates to the 17% charge for initial vehicle registration and rising international costs.
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More... (http://www.dr1.com/index.html#7)