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