He's a little bit alive. Don't worry, Ricardo is a tough guy. He'll totally pull through. Eventually. After he gets taken to a back-alley clinic and assuming they don't just harvest his organs and sell them for profit.
...Okay, I'll be straight with you guys- he's probably not going to be in any condition to talk anytime soon. Luckily he's not the reason you're here (even though that was a pretty sweet car chase). No, what you're here for would be in the back room, under the floorboards. Problem is, uh, I think Kwu has the plot box so, you know, I can't really point you towards it until Kwu gets back. If you guys feel like advancing to the next bit I guess just notice that one of the floorboards in the backroom is loose maybe, I dunno.
Anyway yeah things will open up a bit more pretty soon.