Carmakers Remain Hopeful Despite Disappointing Q2 Sales Results

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Though not unexpected, the continued downward trajectory of car sales this year still hurts. Overall, top brands such as Ford, Fiat Chrysler, and General Motors saw drops of over 30% in comparison to last year. The hope is that as production begins to turn back on and areas open more, the market will rebound. While this remains to be seen, there are some silver linings among the losses.   General Motors While the company was not immune to COVID-19’s effects on the industry, General Motors does show some signs of recovery. True, sales were down 34% in comparison to the…

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