Q2 vehicle sales slump as expected | Auto Finance News | Auto Finance News

Q2 vehicle sales slump as expected

Photographer: Bloomberg/Bloomberg

Second-quarter vehicle sales from major OEMs are providing a glimpse at the extent of the continued fallout of COVID-19 on the automotive industry. Despite optimistic outlooks for recovery in June, most manufacturers recorded double-digit year-over-year declines in the second quarter, even as many crossover, SUV and truck models gained traction, according to multiple sales reports. […]

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