2017News

Illegal car dealerships undermine formal sector in DR

Photo: Diario Libre

The proliferation of used car dealers that are operating outside the law in the Dominican Republic has meant losses of up to 30% for car dealers who follow the law and are members of the Used Vehicles Importers Association (ASOCIVU).

Luis Manuel Peña, the president of ASOCIVU, said that the informality in the market works against everyone. He said: “The dealers in the informal sector occupy the streets, green areas, and they carry out transactions without sales records and other vital documents. This affects the environment and the communities that cannot move freely through their streets.”

Peña spoke when announcing the celebration of the XXIII Vehicle Fair called “Christmas in your Car with ASOCIVU from 14-18 December 2017. At the event, some 76 dealers will offer close to 5,000 vehicles to the public. This activity will take place at the Feria Ganadera on the Malecón in Santo Domingo.

Read more in Spanish:
Diario Libre
Asocivu

22 November 2017