NewsWhore
12-16-2008, 05:50 PM
Car sales dropped a whopping 65% in November, which could signal a new trend for 2009. According to Listin Diario, in November only 920 new cars were sold, compared to an average of 2,300 per month sold between April and November. Vehicle importers association ACOFAVE executive Enrique Fernandez says that sluggish sales are partly due to a lack of liquidity in the markets, high interest rates, fear of investing in the markets and instability in projections. As a sign of the times only one of Santo Domingo's three annual car fairs were held this year, at the Banco Popular.
More... (http://www.dr1.com/index.html#6)
More... (http://www.dr1.com/index.html#6)