NewsWhore
07-16-2008, 04:40 PM
The sale of vehicles that consume a lot of fuel has fallen dramatically in the Dominican Republic. Dealers are reporting a decline of between 80 and 85% in the sale of the large SUVs that were so popular just a year or so ago. Spokespersons for auto dealers said that in June SUV sales fell by 3.37% and smaller automobiles rose by 3.21%. He added that most new car buyers are converting their vehicles to run on Liquid Propane Gas (LPG) as soon as they leave the showroom. He pointed out that this immediately voids any warranty on the vehicle. One dealer, Cesar de los Santos said that sales from his lot fell from an average of 80-85 units per month to 20 or 22 units. He said that he is offering better terms and more time in order to sell cars, up to 72 months with a 20% down-payment. The spokesperson for the Association of Manufacturers Representatives, Enrique Fernandez, said that there was a need for hybrid vehicles that should receive some sort of tax incentive.
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More... (http://www.dr1.com/index.html#14)