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Lithia Motors Warns Auto Sales Drop After Stay-Home Orders Kick In; Service Business Partly Offsets

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Apr 14 '20 | By CEO | Views: 45 | Comments: 0

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Megadealer Lithia Motors Inc. said vehicle sales fell around 50% on average, after stay-home policies took effect in late March. That's a bad sign for the rest of the auto retail sector, as well.

Source: https://www.forbes.com/sites/jimhenry/2020/04/14/lithia-motors-warns-auto-sales-drop-after-stay-home-orders-kick-in-service-business-partly-offsets/

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