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Home » Weekly Wrap: May sales figures hint at promising gains for the auto industry [Video]

Weekly Wrap: May sales figures hint at promising gains for the auto industry [Video]

Joey PizzolatobyJoey Pizzolato
August 24, 2020
in Risk Management
Reading Time: 2 mins read
0
US auto sales poised for crash after slowest pace in a decade

Photographer: Bloomberg/Bloomberg

This week, OEMs’ monthly sales figured pointed toward promising signs of recovery in the new-vehicle market, with American Honda, Mazda and Hyundai all reporting improvements on a month-over-month basis, although sales are still tracking well behind 2019’s count. The used-vehicle market, too, is showing signs of improvement after April’s historic drop in values, according to […]

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Tags: American Honda Finance Corp.CoronavirushyundaiKroll Bond Rating AgencyManheim used vehicle valuesMazdanew vehicle salesOEMsPremiumSales & MarketingTricolorused vehicle salesWeekly Wrap
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