The American market fell 20% in the first 4 months of 2020

The American automobile market (USA) for passenger cars and light trucks (considered as passenger cars in Europe and China) fell by 20% in the first quarter of 2020, compared to the same period of 2019.


Still positive in February 2020 (+ 10.3%), because not yet affected by the coronavirus crisis, this market turned red in March 2020 (-36.9%) and this phenomenon has increased in April (-46.1%) without reaching the catastrophic figures recorded in Europe, which could mean that the containment of the population was not as hard as in Europe, that the closings of factories and concessions did not not as long, and that part of the population continued to buy cars on the Internet.


One wonders, moreover, whether the Internet sales system could not be generalized during this new decade which begins, because it is a system which does not need the intermediary of the concessions. This is the system used by Tesla whose sales are growing rapidly (62,400 sales in the USA in the first quarter of 2020, or as much as BMW).


Who are the manufacturers most affected during this Covid-19 crisis in the United States?


The patriotic reflex played to a certain extent, since Tesla saw its sales double and the declines in GM (-16.0%), Ford (-18.8%) and Chrysler (-19.9%) were less than the decline in the market as a whole, but we also note the good performance of the Korean group Hyundai-Kia (-14.5%) which achieves a much better performance than the Japanese, German and British groups.


The year is expected to end with a 10% to 15% drop in the U.S. market in 2020.


20-11-4
    
 

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