The auto situation may not be so bad

The decline in vehicle sales may not be as bad as we think, according to a Forbes contributor. “Yes, March 2020 will certainly go down in history for its disastrous mid-month sales slide,” said Jack R. Nerad. “Yet the American auto industry could be much more resilient than these depressing forecasts would suggest.” Nerad said there is the industry’s demonstrated ability to recoup sales lost due to short-term disruptions to consider, and the used-car business could provide some relief. (Source: Forbes) Read the original story…

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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