COVID: Car Sales Plunge In March

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Pexels / Ken Lund / CC BY 2.0JAMESTOWN – The U.S. automobile industry is the latest to be impacted by the Coronavirus outbreak.Car sales fell sharply in March. Fiat Chrysler announced a ten percent drop in its first-quarter sales,General Motors reported a seven percent drop, and Toyota fell nine percent.Other automakers are set to announce their march or first-quarter sales next week. But analysts say none are likely to report good numbers.They blame the setbacks on stay-at-home orders and economic struggles for potential buyers.last_img