Category: News Alert

Toyota may have defied the odds of COVID-19

April 2, 2020

Toyota Australia may have defied the odds in terms of vehicle sales, while other OEMs posted heavy losses amid the novel coronavirus pandemic. CarAdvice says that confidential information points to Toyota posting a sales increase in March. “Confidential preliminary figures …

COVID-19: Car-hoarding is on the rise

March 31, 2020

Car-sharing and vehicle subscription services in Australia are booming amid the COVID-19 situation, with reports suggesting consumers are car-hoarding. “Car Next Door, a nationwide peer-to-peer car sharing platform, coined the phrase after it witnessed the number of its ‘long-term’ bookings …

Brace yourself for a recession

March 30, 2020

How bad will Canada’s COVID-19 recession be? The country’s financial future appears to be bleak, as the Conference Board of Canada is assuming that most industries will be shut down for at least six weeks — if lockdowns and quarantines …