The six tendencies driving change in the automotive industry
What Does the Future Hold for the Automotive Industry?
UK sales of recent light commercial vehicles (LCVs) final month fell greater than the 44.5{0995643d07225b844baadbc1e6b0d2b8ea73bc2bd98af3cca8b20a61a6b88544} plunge seen for new vehicles – 54.three{0995643d07225b844baadbc1e6b0d2b8ea73bc2bd98af3cca8b20a61a6b88544} 12 months on year in March amid nationwide lockdown measures in response to the coronavirus disaster. New Zealand’s Motor Industry Association mentioned March 2020 registrations have been down 37.three{0995643d07225b844baadbc1e6b0d2b8ea73bc2bd98af3cca8b20a61a6b88544} yr on year with 8,317 new automobiles registered in comparison with March 2019’s thirteen,271 gross sales. The coronavirus crisis might turn into a optimistic for theaftermarket sector in the lengthy-run. The Covid-19 pandemic impression is forecast to lower alternative/scrappage of …