New car sales plunge almost 50 per cent as COVID-19 crashes demand

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New car sales have plunged a record 48.5 per cent in April as COVID-19 rattled consumer confidence and social movement restrictions kept people indoors

said it had temporarily stood down about 250 staff and cut executive pay by 20 per cent.

"The extent of this plunge in sales is pretty unprecedented in modern times, and it's going to have significant repercussions for many dealers," he said. Mr Voortman called for a review of taxes on vehicles which increased the cost of cars and discouraged buyers and a program that encouraged consumers to buy a new car and dispose of old ones.

At the Nunawading Toyota dealership in Melbourne's eastern suburbs, many customers in April wore face masks and gloves, according to general manager Brett Davies.

 

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Hang on. This trend had begun well before COVID-19. It is just another measure of a much deeper problem in the economy under Morrison and Frydenberg’s economic mismanagement.

Make new car cheaper to buy

So the cultist Mrrison has called one right.The demise of our car manufacturing means they have to give no support to ex - workers.Three cheers to Mr Morrison the greatest suck arse our country has ever seen.

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