U.S. Car Sales Plummet Amidst Coronavirus Pandemic

Volvo V90 Cross Country T6 AWD

Automakers in the United States reported a 30% drop in car sales in the second quarter. Stay-at-home orders and plant shutdowns contributed to the decline.

The drop was the biggest recorded fall in sales since the 2009 recession, when multiple automakers went bankrupt.

Most dealerships in the United States have been closed during the pandemic, although some have started to reopen in areas where the virus is under control.

General Motors, the largest U.S. automaker, saw a 34% sales drop, while Fiat Chrysler said sales fell by 39%. Ford said sales declined by 33%.

Toyota reported a 35% decline, while Nissan saw a 50% drop.

BMW said it saw a 39.3% drop for its BWM-branded cars and a 41.5% for Mini. Audi was down by 33% and VW saw a 29% drop.

Finally, Volvo reported a 15% decline for the quarter.

(Photo: Accura Media Group)