Thursday, April 23, 2020

Virus could spell the end of mass transit and a boon to auto sales

Virus could spell the end of mass transit and a boon to auto salesNot to overly-generalize, but many who have lost their jobs are those who only buy used vehicles.


No doubt new car sales will take a hit too, but LMC Automotive reports that new vehicle sales in April appear to be nowhere as bad as first feared. Down "only" 43%, compared to the initial prediction of 80%.Fri, 24 Apr 2020 00:20:16 +0000

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