Written by Kaitlyn Gomez
Donald Guerrero serves as chief executive officer of Axis Automotive Group, a privately owned automotive company in Puerto Rico. Under Donald Guerrero’s leadership, Axis Automotive Group has become one of the leading businesses of its kind in Puerto Rico. The company is committed to honesty, respect, integrity, and transparency in all its transactions, and it credits these principles, which are reflected in its slogan “buy with confidence,” to its lasting success.
Donald Guerrero founded Axis Automotive Group in 1996 when he acquired a single Toyota service center in Muñoz Rivera. He expanded the service center to include vehicles sales in the same year, then forged a partnership with Toyota Financial Services in 2000. In 2004, Axis Automotive Group formally began encouraging customers to “buy with confidence,” a slogan that continues to inform its businesses practices today.
Axis Automotive Group expanded over the next decade-plus, with Guerrero leading the company in opening a BMW- and MINI-certified service center, a BMW- and Toyota-certified body shop, and a Nissan dealership. Growth only accelerated from there: since 2017, he has added to his company’s portfolio a Chrysler dealership, a MINI showroom, two used luxury vehicle dealerships, and luxury vehicle service shop.
Today, Axis Automotive Group comprises seven dealerships, five service shops, a body shop, and fleet department. By employing more than 800 staff members, Donald Guerrero’s company has made a positive impact on the economy of Puerto Rico and the Caribbean region as a whole.
Donald Guerrero is familiar with influencing economies, having served from 2016 to 2020 as the minister of finance of the Dominican Republic. During his tenure, the Dominican Republican native implemented policies that curbed tax evasion, improved collections to 100% in 2018, and reduced wasteful public spending.
His actions brought increased economic stability to the Caribbean nation. In 2019, the Dominican Republic achieved a 5.1% growth rate, better than any country in all of Latin America and the Caribbean.
Guerrero earned accolades for his responsible stewardship of the country’s economy from both AméricaEconomía, which recognized him as one of the three best finance ministers in Latin America in 2016, and The Banker, a Financial Times publication that named him the 2018 Minister of Finance of the Year for the Americas.
Donald Guerrero is a graduate of the Instituto Tecnológico de Santo Domingo (INTEC), where he earned an undergraduate degree in economics and a postgraduate degree in business administration. A top student, he garnered a Fulbright Scholarship and went on to study at the University of Maryland, graduating with a master’s degree in microeconomics and finance. His academic credentials also include a postgraduate degree in banking and finance from Chase Manhattan Bank.
Guerrero has drawn on his academic background to serve as an executive at Chase Manhattan Bank, Banco International, Reid & Pellerano, and the newspaper Listín Diario. He began his career as an academic, passing on his knowledge to the next generation of economists and financial professionals at Pedro Henríquez Ureña National University, Pontificia Universidad Católica Madre y Maestra, and INTEC.
