A relentless barrage of bad news surrounding the coronavirus epidemic has begun to affect customer visits at some U.S. auto dealers and even those businesses that have thrived so far believe a big sales decline is imminent if China's experience is any guide.
"Sales are definitely falling," said John Luciano, managing partner with Street Volkswagen in Amarillo, Texas, and chairman of Volkswagen's national dealer council."We're waking up in a different world a little bit more every day." Even businesses whose sales have remained strong acknowledge this week could mark the beginning of a big decline.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
United Hampshire US Reit makes tepid debut at US$0.72 on SGXUNITED Hampshire US Reit, the first retail real estate investment trust (Reit) with US exposure here, opened for trading on the Singapore Exchange's (SGX) mainboard at US$0.72 apiece, 10 per cent lower from its initial public offering price. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US lawmakers seek to curb Huawei's access to US banks: DocumentUS lawmakers plan to unveil a Bill on Thursday (Mar 12) that could be used to block Huawei Technologies from accessing US banks for certain ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Coronavirus: US summoning Chinese ambassador over Beijing comments, US official saysWASHINGTON (REUTERS) - The US State Department on Friday (March 13) summoned the Chinese ambassador to the United States to protest against comments by a Chinese foreign ministry spokesman who had suggested the US military might have brought the coronavirus to Wuhan.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US airports up forecast losses this year to US$5.7 billion on sagging travel demandA group representing major US airports on Friday revised upward its forecast for estimated losses this year to US$5.7 billion after President ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US mulls restrictions on European travellers as coronavirus hits homeWASHINGTON/SEATTLE (REUTERS) - The US government is likely to discourage Americans from taking trips to Europe and might restrict people entering the United States from the continent to fight coronavirus, as a top health official warned on Wednesday (March 11) the US outbreak will get worse.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
US House votes to limit Iran war-making ability, heads to veto fightWASHINGTON (REUTERS) - The US House of Representatives passed legislation on Wednesday (March 11) to limit President Donald Trump's ability to wage war against Iran, amid continuing concern about broader conflict after a January strike killed an Iranian commander.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »