COVID: Car Sales Plunge In March

Pexels / Ken Lund / CC BY 2.0

JAMESTOWN – The U.S. automobile industry is the latest to be impacted by the Coronavirus outbreak.

Car sales fell sharply in March. Fiat Chrysler announced a ten percent drop in its first-quarter sales,

General Motors reported a seven percent drop, and Toyota fell nine percent.

Other automakers are set to announce their march or first-quarter sales next week.

But analysts say none are likely to report good numbers.

They blame the setbacks on stay-at-home orders and economic struggles for potential buyers.


Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.