US car sales spiraled in Q1 as the coronavirus pandemic continues to rock the economy - Business Insider

Year-to-date sales amount to 35,563 vehicles, down 15.5% from the same time last year. General Motors said it delivered 618,335 vehicles from January through March 2020, a 7% decrease compared to the same timeframe last year.

Each of GM's four brands saw a drop in sales. Buick had the most dramatic year-over-year slump, selling 34.7% fewer cars than it did in Q1 of 2019. Kia Motors America said it sold 137,945 vehicles during the first quarter of 2020, up slightly from last year's 136,596. Q1 figures were bolstered by strong sales of the company's SUVs, including the Telluride, Sportage, and its new Seltos.

Volkswagen of America said March sales were down by 42%, while Q1 figures fell 13%. In the first quarter of this year, VW sold a total of 75,075 cars and SUVs in the US — close to 11,000 fewer vehicles than it sold in Q1 of 2019. Last month, Subaru of America sold 47% fewer vehicles to US customers than it did in March 2019. First-quarter sales totaled 130,591, amounting to a 16.7% drop compared to Q1 of last year. Toyota Motor North America reported a 36.9% drop in sales for March, and an 8.

Toyota-division sales were down 35.3% in March, while Lexus sales dropped 46.7% compared to March 2019. Do you have a personal experience with the coronavirus you'd like to share? Or a tip on how your town or community is handling the pandemic? Please emailfrom Business Insider Intelligence on how COVID-19 is impacting businesses.

I bet

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

How the US government will allocate $100 billion to hospitals: FAQ - Business InsiderWe got ahold of a document from Senate Democrats that provides clues to how the federal government will allocate $100 billion from the coronavirus stimulus to hospitals leonardkl *how they would want A bit late in the day, but makes a nice aspirational nevertheless.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Top US restructuring lawyers who worked on biggest bankruptcies - Business Insider10 lawyers who navigated the biggest bankruptcies in history are set for a huge boom in business as the coronavirus fuels a restructuring surge
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

Tech incubator inside former US consulate helps cross-border startups - Business InsiderThe Bridge Accelerator Program gives companies along the US-Mexico border the skills to compete for contracts from multinational corporations.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

US neobank Moven shutters as the coronavirus dries up funding - Business InsiderMoven, an early entrant to the US neobank market, is closing all accounts on April 30 after funding fell through due to the coronavirus pandemic.
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »

US response to coronavirus: Defense Production Act and wartime economy - Business InsiderTrump called himself a 'wartime president' and said the US would invoke a wartime law on March 18. He actually invoked it, for one company, March 27. Trump admin needs to be disbanded. 🤡 was dismissive, tweeting, golf, rallies. His FAILURE to fill top positions with qualified candidates. CDCgov (Robert Redfield); US_FDA (Stephen Hahn); HHSGov (Alex Azar). = Lack of testing, lack of containment and death count💔 Why a pic of Biden here? He votes for wars, is that why you included him, because he's not President? США у Германии помощи просить нужно, и у Китая ;))
Herkunft: BusinessInsider - 🏆 729. / 51 Weiterlesen »