Car sales declined 42{d758473eadf0b692d331aa823300cffd0ef21fd1fd535177f3429dd328b70b5d} in the first quarter of 2020 compared to last year, according to data released late last week by the China Association of Automobile Manufacturers (CAAM). While that is largely because of a whopping 79{d758473eadf0b692d331aa823300cffd0ef21fd1fd535177f3429dd328b70b5d} plunge in February — when the country of 1.4 billion people recorded […]

Fiat Chrysler (FCAU) announced Wednesday that its first-quarter sales in the United States fell by 10{d758473eadf0b692d331aa823300cffd0ef21fd1fd535177f3429dd328b70b5d} even though sales were up the first two months of the quarter. “Strong momentum in January and February was more than offset by the negative economic impact of the coronavirus in March,” said the […]

Image copyright Getty Images Car sales in China fell 92{d758473eadf0b692d331aa823300cffd0ef21fd1fd535177f3429dd328b70b5d} in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body. Car dealerships have remained closed while buyers have stayed away to prevent the spread of the deadly virus. Nationwide car sales […]