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COVID-19 Market Insights

COVID-19 Market Insights

Black Book recently published an update to their weekly COVID-19 Market Insights.

September 29, 2020

Trends Influencing North America Power Sports Market Outlook 
Aftermarket Sales to Drop 8.8% This Year

Aftermarket Sales to Drop 8.8% This Year

Total U.S. automotive aftermarket sales are forecast to decrease 8.8% in 2020 as a result of the impact of the COVID-19 pandemic and related factors.

July 1, 2020

New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts
IHS Markit Trims 2020 Global Light Vehicle Sales, Production Forecasts
NADA: U.S. New Vehicle Sales Up 1.9% Year-Over-Year

NADA: U.S. New Vehicle Sales Up 1.9% Year-Over-Year

New light-vehicle sales in February were strong, with a SAAR of 16.83 million units for the month—an increase of 1.9% compared to February 2019. Raw sales volume topped 1.3 million units, an increase of 8.4% compared to February of last year.

March 5, 2020

Coronavirus Leads to Nosedive In Global Vehicle Sales
Annual Retail Sales Expected to Fall to 13.48 Million
Kelley Blue Book Announces Resale Value Awards Winners