Japanese automakers experienced a difficult month in May, with global sales declining 38 per cent during this period as many factories and dealerships remained closed due to COVID-19 lockdowns. “Many countries have been easing their lockdown measures, but industry experts anticipate that it would take up to five years for demand to recover to 2019 levels,” said Reuters. Vehicle sales declined in nearly all regions, with North America and Europe the worst hit and China the only bright spot. (Source: Reuters) Read the original article…
