In the early days of the COVID-19 pandemic, the automotive industry was reeling. After new vehicle sales notched an impressive 8.4% year-over-year gain in February, sales tumbled for the next two months. In April, new vehicle sales were down 46% from the same time last year. The short-term
outlook was grim, but now the industry has flipped, and things aren’t slowing down. What’s to come of all this?