Tag Archives: Cuba

Cuba sells 50 cars in first six months of year

Cuba sells 50 cars in first six months of year

By Daniel Trotta

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 for the first time in half a century but came with prices so high few people could afford them.

hopes dashed as new and used cars go on sale in Cuba

hopes dashed as new and used cars go on sale in Cuba

Cubans awoke on Friday for the first time in half a century with the right to buy new and used vehicles from the state without special permission, but markups of 400 percent or more quickly dashed most people’s expectations.

Cuba lifting restriction on car purchases

A vintage automobile drives by a parking lot of modern vehicles in Havana, Cuba

Cuba is opening its automobile market and its roads to thousands of late-model cars by eliminating a special permit that sharply restricted the number of people allowed to buy vehicles from the state, the government announced Thursday.