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realclearworld

Car sales explode in Cuba: Castro dictatorship reports 50 cars sold in 6 months

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The explosion of car sales in Cuba has the apartheid Castro dictatorship celebrating in Havana. The repressive and criminal regime run by the Castro family mafia has just announced their fledgling car sales venture that started just six months ago has succeeded beyond their wildest dreams. According to their own figures, the auto-sales arm of the Castro crime family sold a whopping, jaw-dropping, astounding, eye-opening 50 cars in the past 6 months!

And if that volume of car sales in a nation of 11-million+ people is not enough to elicit pure awe from any impartial observer, think about this: The Castro mafia managed to sell a colossal 50 cars at an average price of $23,800 in a country where the average Cuban slave makes about $240 a year. Talk about salesmanship!

Via the AP in ABC News:

Cuba: Just 50 Cars Sold in 6 Months Under New Law

Just 50 automobiles and four motorcycles have been sold in Cuba in the nearly six months since a new law took effect that let islanders buy vehicles from state-run dealerships without a special permit for the first time in decades, authorities said Monday.

Sales totaled about $1.3 million, government news website Cubadebate reported, for an average of some $23,800 per vehicle.

Cubadebate quoted Iset Vazquez Brizuela, first vice president of state-owned vehicle distributor Cimex, as saying there are 11 licensed auto dealerships nationwide.

About 11 million people live in Cuba.

Many Cubans were delighted when the new rules were announced in December — and then left aghast by the sticker prices once they took effect the following month.

A new Peugeot family car that listed for $262,000 in Havana would cost $53,000 in the United Kingdom, for example, while a compact Kia Rio hatchback that starts at $13,600 in the United States was on offer for $42,000 in Cuba.

The licensed dealerships also sell used cars for significantly less, often former rentals with high odometer readings. These would appear to account for most or nearly all the sales reported by Cubadebate.

But even cheaply made Chinese sedans decommissioned from government fleets list as used cars for well above what they command elsewhere brand-new.

The prices were the subject of bitter and open complaint by many Cubans, most of whom earn about $20 a month working for the government.

The state still employs the great majority of the labor force despite President Raul Castro's economic reforms allowing some limited private-sector enterprise. Person-to-person sale of used cars is also now legal.

Before January, islanders who wanted to purchase a vehicle had to acquire a "letter" of permission. The privilege was granted to the likes of diplomats, technicians, doctors and others who served on foreign missions and returned with hard currency saved up overseas.

Cubadebate said authorities intend for 75 percent of income from automobile sales to be invested in public transportation.

1 comment to Car sales explode in Cuba: Castro dictatorship reports 50 cars sold in 6 months

  • […] The headlines blaring earlier this month that Cuba's dictatorship only managed to sell 50 cars in six months was certainly an embarrassment for all those who either ignorantly or maliciously support the apartheid Castro regime. After all the hoopla they generated celebrating dictator Raul Castro's reform technically allowing Cubans to legally buy cars for the first time, reality once again conspired against them. The first hit came when the regime announced their prices for these cars, which reflected a 400% markup over retail. Basically highway robbery both figuratively and literally. Then came the not so unexpected announcement that the regime's sales of new cars for the first six months were even less than paltry. […]