FILE PHOTO: Automobiles for sale are seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam
Auto retail sales through the week of March 22 declined 22% nationwide on a yearly basis and as much as 40% in some cities on the U.S. West Coast, according to an analysis by research firm J.D. Power based on data from dealership stores around the country. “We expect to see a much broader and wider impact from these restrictions next week with sales declining 80% or more,” said Tyson Jominy, the firm’s vice president of data and analytics.
It means collapse of auto sector in US.
And yet LutherAuto considers themselves 'essential' at this time. Surely nearly all can work from home? The 20% who are still buying cars will give you a call....
Now might be a good time to buy a car if you think your job is safe. Got to be deals out there.
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