One auto industry expert has suggested it will take at least two years for car manufacturers to restore the sales and production numbers to levels equal to those before the start of the coronavirus pandemic.
President and chief executive of the Center for Automotive Research, Carla Bailo, believes that in response to staffing shortages and a drop in demand the car industry will need to adapt and work more collaboratively in the future if sales are to return to pre-pandemic levels.
“Everyone is predicting this year about 13 million (vehicles sold), pre-COVID we were about 17 million,” Bailo told The Detroit Free Press. “We expect it’s going to take another two years, but that’s predicated on a good recovery and continued recovery throughout this year. Should we have another hit in the fall, we’ll have to adjust those figures. So about two years to come back to where we