U.S. auto sales are recovering as Donald Trump pushes to reopen the economy, but the sector has still experienced a significant level of devastation in April due to COVID-19. “We can safely say that April was the bottom for auto sales during the coronavirus pandemic,” said Jessica Caldwell, Edmunds’ executive director of insights. “There’s still a long road to recovery ahead, but May auto sales are a really encouraging sign for the industry.” (Source: CNBC) Read the original story…
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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