Buying a brand new automobile in Cuba is the stuff of science fiction, therefore Cubans have to purchase and promote the identical previous vehicles, from many years in the past, some improved and others not a lot. In April, the federal government introduced an replace for automobile imports. Who will profit and what’s new?
On the finish of April, the Cuban authorities introduced the replace of its automobile advertising and marketing coverage on the island and in line with info from the presidency, the Minister of Transportation, Eduardo Rodríguez, promised some modifications that haven’t but been specified. However the expectation was super within the midst of the disaster.
“It’s one thing that has been a request from the inhabitants and that we imagine may have an necessary influence and We are going to element that quickly. as soon as the proposal is authorised,” mentioned the Minister.
“What is required is a free market in every little thing and for everybody, behind these discreet insurance policies there are all the time advantages for a number of”, “For the Cuban it’s nice information and it might be superb, if in reality this creates a brand new facility for individuals who can purchase, until it’s on credit score” or “I’ve no illusions regarding that commercial. That is not going to do it for these of us who work,” have been some reactions concerning the importation of vehicles to Cuba.
Importing vehicles to Cuba from the USA
In response to an up to date report from the media El Toque, concerning the importation of vehicles to Cuba from the USA, it was detailed that to import a automobile from the northern nation in 2024, at a value of 20 thousand {dollars}, it was additionally vital to ensure regarding 6 one thousand {dollars} in taxes and one other 10 thousand for “logistics and documentation.” The freight would even be over 8 thousand {dollars} for transport, in line with different sources.
Typically, importing vehicles to Cuba from the USA, for a single buyer, can value as much as 50 thousand {dollars}, which averages the wage of a Cuban household within the nation yearly. Nevertheless, new imported vehicles proceed to enter the island, a minimum of for a rich minority.
The info present that the prices of the import operation to Cuba, though not trivial, are accessible for a phase of Cuban residents in the USA. Nevertheless, this phase is concentrated within the group with the best buying energy within the nation, far exceeding the chances of the common Cuban immigrant neighborhood.
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