Canada Felt the Coronavirus Impact
The COVID-19 outbreak hit after what we expected to be decent sales in Canada for the first two months of 2020. COVID-19 caused mass shutdowns and shelter-in-place orders and mass job loss across Canada. Obviously all of this economic disruption will impact car sales, and judging by our sales charts, this is certainly the ace.
Add to that the fact that many dealerships aren’t open and can’t be open and have few options to sell cars to people even if they were in the market to buy a new car, and you have a recipe for disaster in terms of car sales.
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