The first military aircraft; GM’s Cadillac factory, Oldsmobile factory and Pontiac factory built tanks, shells and anti-aircraft guns, respectively …
“The current situation is more urgent than World War II.” Michael Belzer, a professor of economics at Wayne State University, (Michael Belzer) believes that the car Enterprises need to invest in the conversion of anti-epidemic materials. “The problems that need to be solved are not simple.”
Towards the unknown
The epidemic is only a trigger for the troubled US auto industry.
In 2019, U.S. car sales were 17.038 million units, a year-on-year decline of 2%. For the first time in the past three years, Ford, General Motors and FCA failed to rise against the market.
If you put 2019 in the US car market maturity period of nearly 20 years, the decline in sales does not mean the end of the world. Since 2000, the number of cars owned by the United States has been floating at 800 vehicles; in recent years, the sales of new cars in the United States have also stabilized at around 17 million. What really needs attention is the economic account behind the decline in sales.
“If any lesson is given to us in 2019, it is that the power of the economy cannot be underestimated,” said analysts at car pricing website Edmunds.com.
For the entire year of 2019, the actual growth rate of the US economy was 2.3%, a decrease of 0.6 percentage points year-on-year, and the economic development rate slowed down. In the same period, the average selling price of new cars in the United States was 36,400 US dollars, an increase of about 3% year-on-year; as of 2019 In June, the average price of used cars was US $ 20,800, which was US $ 15,600 cheaper than new cars.