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Automotive Sales Decrease 80 Percent

The coronavirus epidemic, which affected the world, caused the temporary closure of factories and dealers in the US automotive industry.

Automotive Sales Decrease 80 Percent
Yazar: Zack Smith

Yayınlanma: 26 Mart 2020 17:17

Güncellenme: 27 Nisan 2024 10:09

Automotive Sales Decrease 80 Percent

The coronavirus epidemic, which affected the world, caused the temporary closure of factories and dealers in the US automotive industry. Due to the coronavirus epidemic, it is seen that the automotive industry has stopped and its production has decreased in all of Europe. J.D. In a study conducted by Power, it was reported that the sale of new vehicles in the USA decreased by 80 percent after the sector stopped its operations. J.D. "We anticipate that measures such as factory and dealer closure will be more effective in the coming days and will result in an 80 percent reduction in sales," said Power Vice President Tyson Jominy. Analysts said that if the suspension period of activities in the US automotive industry is prolonged, companies' budgets may decrease by nearly 75 percent.
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