Friday, May 1, 2020

Ontario issues safety guidelines for auto retailing, manufacturing

Ontario issues safety guidelines for auto retailing, manufacturing https://ift.tt/3bX7Fc3

The Canadian province says dealers should consider issuing personal protective equipment (PPE) “as a last resort.” Dealers can resume sales on Monday, May 4, by appointment only.

Toyota, Hyundai sales sink as virus crimps demand

Toyota, Hyundai sales sink as virus crimps demand https://ift.tt/2SrdOWg

April deliveries fell 54 percent at Toyota Motor, 39 percent at Hyundai and 45 percent at Mazda. While the outbreak upended  volume across the industry -- analysts project U.S. new-vehicle sales skidded 50 to 55 percent -- Hyundai credited the "ingenuity of our dealers" and "robust customer assistance programs” for helping mitigate the impact.

Canada issues safety guidelines for auto retailing, manufacturing

Canada issues safety guidelines for auto retailing, manufacturing https://ift.tt/3f5GJsV

The Canadian province of Ontario says dealers should consider issuing personal protective equipment (PPE) “as a last resort.” One of the several suggestions for manufacturers includes floor markings and barriers to manage traffic flow and physical distancing.

Vehicles pile up at Calif. ports

Vehicles pile up at Calif. ports https://ift.tt/2Ym8yqH

Last month’s sales collapse produced a chain-reaction backlog, causing some ships carrying imported vehicles to divert to other ports, others to wait days to discharge cargo and others to cancel voyages before they even got underway.

Hyundai sales drop 39% as virus crimps demand

Hyundai sales drop 39% as virus crimps demand https://ift.tt/2zNZTTS

While the outbreak significantly disrupted April volume across the industry -- analysts project U.S. new-vehicle sales will skid 50 to 55 percent -- Hyundai executives credited the "ingenuity of our dealers" and "robust customer assistance programs” for helping mitigate the impact.

Thursday, April 30, 2020

U.S. consumers willing to pay auto bills in quarantine, TransUnion finds

U.S. consumers willing to pay auto bills in quarantine, TransUnion finds https://ift.tt/35hMnnf survey of nearly 3,000 U.S. consumers conducted by TransUnion reveals that those affected financially by COVID-19 closures were about twice as likely to default on a mortgage than an auto payment, sticking to previous trends of ranking transportation needs above other credit products.