The hefty decline is in-line with what analysts expected for the automaker, which is among the first to report its second-quarter sales. Sales were forecast to fall by about 34% in the second quarter, including declines of 24% to 30% in June alone, according to auto research firms Edmunds andThere were no bright spots for Fiat Chrysler in the second quarter as every one of its six brands reported sales declines of between 21% and 63%. For the first half of the year, sales were off 25.
Jeff Kommor, head of U.S. sales for Fiat Chrysler, said retail sales to consumers have been rebounding since bottoming in April, however fleet sales to governments and businesses have been canceled or delayed.
Coronavirus is expected to grant the federalreserve another exercise to print those rich richer again.
I read this 4x to see if I’m tripping. Q2 is over and sales have been reported.
Crazy, most of the dealers I’ve been working with in the south East have had some of the best months ever.
Tesla will report record sales. Count on it
But now you can return your Ford if you lose your job.
Looks like the only company that sold any cars was Tesla.
must be why used cars have gone up 7% in price past month, more demand than supply
Thought folks were fleeing cities for burbs…gonna need wheels... 🤷♂️
I can finally buy the car of my dreams for cheap lol
Tesla to the moon!
blah blah blah
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Treasury yields rise as economic data comes into focusU.S. government debt prices were lower Wednesday morning to begin the third quarter, as investors awaited key manufacturing and employment data and monitored measures to combat the coronavirus pandemic. Bonds work inversely correct? So this means prices are falling?
Source: CNBC - 🏆 12. / 72 Read more »
5 things to know before the stock market opens WednesdayDow futures were lower Wednesday as the third quarter on Wall Street begins with hopes of a repeat of the past three months despite surging U.S. coronavirus cases. 👀 CNBC are now officially a Far- Left organisation spreading DNC propaganda.
Source: CNBC - 🏆 12. / 72 Read more »
Dollar bides time ahead of U.S. manufacturing, jobs dataThe dollar held steady against the euro on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic. WINNING
Source: Reuters - 🏆 2. / 97 Read more »
Dollar in holding pattern before U.S. manufacturing, jobs dataThe dollar held gains against the yen on Wednesday ahead of data expected to show U.S. manufacturing activity and hiring continued to recover from the economic shock caused by the coronavirus pandemic. Spoiler alert: U.S. manufacturing & jobs data is gonna suuuuuck
Source: Reuters - 🏆 2. / 97 Read more »
L.A. County coronavirus cases surge past 100,000 with record high one-day tallyLos Angeles County confirmed 22 additional coronavirus-related deaths and 2,903 new coronavirus cases Monday. You can thank the protesters, rioters, and looters for the increase in cases and ruining it for the rest of us looters Has anybody asked these folks if they participated in the riots and protests? Timing feels like that could be the result of thousands in the streets for weeks.
Source: latimes - 🏆 11. / 82 Read more »
Tesla's Musk calls on workers to help company break even in second quarterTesla Inc chief Elon Musk in an internal email called on employees to work hard to allow the electric car maker to break even in the second quarter despite the coronavirus pandemic. “Some of you may die, but that’s a sacrifice that I’m willing to make” Shut down or file BK
Source: Reuters - 🏆 2. / 97 Read more »