We have great news from Cuba as for the first time since the revolution that took place in 1959, the people who live there will have the right to buy new and used vehicles from the state without government permission. This move is another step toward greater economic freedom. According to the Communist Party newspaper, Granma, the Council of Ministers approved new regulations that eliminate the existing mechanisms of approval for the purchase of motor vehicles from the state.
Granma added that from now on, the sales of new and used motorcycles, cars, vans, small trucks and mini buses for Cubans and foreign residents, companies and diplomats, is freed up.
Still, the Cuban state has a monopoly on the retail sale of cars. As expected, this reform was made by President Raul Castro, who took over for his ailing brother Fidel in 2008, and approved in 2011 at a congress of the Communist Party.
For those who don’t know, before September 2011, the only automobiles tht were in Cuba before the 1959 revolution could be freely bought and sold.
This is the reason that most of the cars found in Cuba are from the 1950s or before and most of them are made in the United States. There are also cars made in the Soviet Union. The new regulations will be published in the official Gazette and are expected to become law in 30 days. [source: automotive news - sub. required]