Then and Now: On Car Sales in Cuba

Sunday, July 6, 2014
Here's Reuters (on December 19, 2013) praising Raul's new "reform":

"For the first time since the 1959 revolution, Cubans will have the right to buy new and used vehicles from the state without government permission, official media announced on Thursday, another step toward greater economic freedom on the communist-led island."

Here's Reuters (this week) on the sobering reality:

"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.

Long-frustrated Cubans welcomed the law that took effect in January until they saw sticker prices were marked up 400 percent or more, pricing family sedans like European sports cars."