Auto Sales Plummet 85% as COVID-19 Devastates Car Industry

The drop is dizzying and shows a sector in full decline in terms of sales due to covid-19. In one month, dealers sold barely 1,788 passenger vehicles against 11,939 in May 2019. A bitter observation that makes the players in the sector think.

Before covid-19, the national automotive market was going through a bad patch and "was counting on the show this year to get back on track. But unfortunately, the slump has become widespread, further undermining a sector that was already weakened."

The players will have to think about the right strategy to be able to get back on track, attract customers who are just waiting for better offers.