OEMs reveal steep sales decline amid COVID-19

April sales figures were down again for OEMs, as many automakers are still being heavily impacted by the novel coronavirus. But May looks to be a better, brighter month. “While numerous automakers report sales on a quarterly basis, those who still issue monthly reports showed the pain continued through April,” said CNET. “However, the most recent data shows consumers still have an appetite to purchase and there’s strong hope recovery will continue through May.” (Source: CNET) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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