The COVID-19 pandemic is producing many economic, political, and social disruptions, as major industries from finance to airlines have already felt the impact. The latest casualty: the U.S. auto industry.
Although the U.S. has the highest death toll and case count for COVID-19 in the world, the country still remains confident about a turning point, encouraging more people to start thinking about how and when to restart economies
No longer happy to stay on the fringes, autonomous and electric cars are edging toward the center of the mainstream auto market. No longer are self-driving cars just a part of a sci-fi movie or a dream to be realized in the distant future.
In a new article, Marc Zaransky discusses how COVID-19 has changed how people buy cars and how it may impact the future of automobile sales. As an automotive consultant with decades of experience in the industry, Marc Zaransky shares his predictions for how COVID-19 will impact the automobile industry and how it has already changed daily operations.
One undeniable benefit of the state closure last spring was the reduced traffic on the roads. More people were working from home and overall passenger vehicle traffic was significantly down. According to the Illinois Department of Transportation, in mid-March, traffic in Illinois was half of what it was at the same time in 2019. If you were out and about, you likely appreciated this reprieve from bumper-to-bumper congestion.