The Coronavirus’ Effect on the Automobile Industry, Business and Industry Trends Analysis

The Coronavirus pandemic of 2020 had a profound effect on the global automobile industry.  Vast shifts in where and how people work, as well as travel habits, are impacting automotive usage, sales, maintenance, production and development. =         More than ever, car and truck drivers are shopping for their vehicles online.  General Motors’ Shop-Click-Drive program (which offers online trade-in estimates and financing applications) saw purchases increase by 40% from pre-Coronavirus crisis levels.  Fiat Chrysler Automobiles NV accelerated the launch of its online and driveway delivery service in early 2020. =         While business travel has plummeted, many consumers are taking their vacations…

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