Car sales tumbled this month, but the situation might not be as bad as it seems. Power expects March retail sales to range somewhere between 669,000 and 948,000 units. That represents a 16% to 47% decline from the retail sales in March 2019. The retail car business has not one but two aces up its sleeve. Power that the car industry has demonstrated a repeated ability to recoup sales lost due to short-term disruptions.
Source: Forbes March 31, 2020 03:00 UTC