Massachusetts auto dealers ride out COVID
Posted Feb 17, 2021
It should come as no surprise that COVID-19 has had a tremendous impact on the automotive industry, just as it has on others. First, the bad news.
“The coronavirus pandemic certainly impacted new light-vehicle sales in 2020, not to mention the U.S. economy as a whole,” said Patrick Manzi, chief economist for the National Association of Auto Dealers in their analysis of auto sales last year. “Our forecast at the start of 2020 estimated new light-vehicle sales would fall by 1 to 2 percent compared to 2019 for a total of 16.8 million units sold, but once COVID hit, we knew this would be a different year than anticipated.”
WASHINGTON, Jan 12 Republicans in the US Congress faced growing blowback yesterday from businesses that said they would cut off campaign contributions to those who voted last week to challenge President-elect Joe Biden’s victory. The announcements by Amazon.com Inc, General Electric Co, Dow.
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