The Weekly Journal May 27- June 2 2020

Page 1

Wednesday, May 27- June 2, 2020 - // no. 057

Puerto Rico and the Caribbean

www.theweeklyjournal.com

NUC CONTINUES EXPANSION PLANS P6 UPR MED STUDENTS TACKLE COVID-19 NEWS P7

>Courtesy of Porsche

MORE SMALL BUSINESSES REOPENING P8

WORKING FOR A REBOUND IN CAR SALES Auto industry focuses on Internet presence, zero percent loans

A Rosario Fajardo

SURPRISING HISTORY OF SOAP P14

rfajardo@wjournalpr.com

@RosarioWJournal

uto sales in Puerto Rico and the U.S. mainland hit record lows in April and the industry is now focused on a rebound in the summer months, as the global economy reopens after the coronavirus lockdowns. The situation is particularly important for the car industry in Puerto Rico, which has been battered by multiple blows: the island’s decadelong economic depression, Hurricane Maria’s devastation in

Sept. 2017, the January earthquakes that hit the south, and now the coronavirus pandemic. April dealt a hard blow to local car sales, which reported a massive drop of 96.2 percent in new-car sales. April ended with a total of 280 units sold, in contrast to sales of the same month last year of 7,352, which represents a decrease of 96.2 percent, according to the United Group of Automobile Importers (GUIA by its Spanish acronym), an independent nonprofit that represents Puerto GO TO PAGE 4


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