Cars
In what can be considered a historical moment, the Cuban government legalized today the purchase and sale of new automobiles for all its citizens, ending the prohibition that had been enforced since the 1959 revolution.
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Cars
Hasta la Victoria, Siempre! Cuba to Open Market to New Cars for the First Time Since 1959!
In what can be considered a historical moment, the Cuban government legalized today the purchase and sale of new automobiles for all its citizens, ending the prohibition that had been enforced since the 1959 revolution.
It was a move that was announced last April by President Raul Castro, but would not become law until it was published in the Official Gazette.
The new ruling, which is effective from Saturday, stipulates that both the buyer and the sellers will each pay a 4% tax for new cars. Buyers will also have to go to state-owned dealerships and prove that the money they intend to spend were obtained through their work and not sent by relatives who live abroad.
Read more »- Chevrolet Malibu Turns 50, We Take A Look Back At Its Eight Generations
Did you know that in 1964, a British firm named Leyland Motor Corp., challenged the United States blockade of Cuba by selling 450 buses to the Cuban government? In the same year, The Beatles kicked off the “British invasion†of America when...
- Foreign Automakers Review Relationships With Tunisian Partners, Which...â€happen†To Be Relatives Of The Ousted President
The looting of the Ferrari 599 GTB owned by former Tunisian president Zein al-Abidine Ben Ali and the smashing of cars owned by his relatives including a Ferrari California may have been eye-catching in an offbeat sort of way, but there are more important...
- Australia: 4,400 Hoon Cars Confiscated In Victoria!
In July 2006, the State government of Victoria introduced the so-called Anti-Hoon legislation, which to put it simple, is a series of laws that intend to cut down on excessive speed, street racing and illegal burnouts – “hoon†is an...
- Hyundai Announces 10-year/100.000 Mile Powertrain Warranty On Certified Used Vehicles
To appeal to a larger market Hyundai is now offering Certified Pre-Owned Limited Warranty on used vehicles going back five model years with less than 60,000 miles. If the “brand new†used Hyundai you’re buying falls in this category...
- Ebay Phenomenon
As I type, there are 112 Ferraris for sale. On eBay. Right now. At this moment. As I type. That's amazing. No, I'm not old-tech-old-fashioned-old-hat. I love eBay and its methodology. One-hundred and twelve. 47 Lamborghinis. 46 Maseratis....