Cuba Dealers Sell 50 Cars In First Half Of Year

According to international sources, Cuban dealers sold 50 cars and four motorcycles nationwide in the first six months of the year under a new law that removed limits on auto purchases.

The legislation took effect in January, for the first time in half a century. However, family sedans were priced similarly to European sports cars.

Total sales at the country’s 11 national dealerships reached just $1.28 million in the first six months of the year.

Cuba had planned to invest 75 percent of the proceeds from new car sales in its crumbling public transportation system.

Cuba Dealers Sell 50 Cars In First Half Of Year