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Week #5 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke

Our Chief Economist, Jonathan Smoke, joins us once again from his home studio in Atlanta, GA, with the latest on the impacts of COVID-19 on the automotive industry. This week, Jonathan examines: The latest on COVID-19’s nationwide impact Jobless claims…

Auto Market Weekly Summary

COVID-19 cases keep growing in the U.S., but the pace of increase is slowing as the peak in new cases occurred a week ago. Stay-at-home orders are working. Record jobless claims: The related closures will lead to a substantial economic…

Week #4 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke

Watch the week four update with our Chief Economist Jonathan Smoke from his home studio in Atlanta, GA, as he explains the impact of COVID-19 on the automotive industry. Jonathan examines: The latest on COVID-19’s nationwide impact National and state-level…

Auto Market Weekly Summary

COVID-19 cases keep growing in the U.S., but the pace of increase slowed down last week even while the rate of testing increased. Stay-at-home orders are working. The related closures will lead to a substantial economic contraction in March and…

Week #3 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke

Watch this video with Chief Economist Jonathan Smoke from his home studio in Atlanta, GA, as he explains the impact of COVID-19 on the automotive industry. Jonathan examines: The latest on COVID-19’s nationwide impact National and state-level employment impacts Consumer…

Auto Market Weekly Summary

Consumer confidence continues to decline and will not likely bottom until COVID-19 cases and deaths start to diminish. COVID-19 cases keep growing in the U.S., but the pace of increase has started to slow even while the rate of testing…

Week #2 Special Edition: Economic Impact on Auto Sales with Jonathan Smoke

Watch this video with Chief Economist Jonathan Smoke from his home studio in Atlanta, GA, as he explains the impact of COVID-19 on the automotive industry. Jonathan examines: Hardest hit COVID-19 areas in the U.S. State-level jobless claims Consumer sentiment…

Auto Market Weekly Summary

The auto industry is anxiously awaiting reports of March vehicle sales, which automakers will start reporting on Wednesday, April 1. Undoubtedly, vehicle sales, which started the month strong, have plummeted as COVID-19 spread across the country, prompting an increasing number…

Special Edition: Economic Impact on Auto Sales with Jonathan Smoke 

Watch this video with Chief Economist Jonathan Smoke from his home studio in Atlanta, GA, as he explains the impact of COVID-19 on the automotive industry. Jonathan examines: Economic forecast and impact in the second quarter Consumer sentiment and buying…

Auto Market Weekly Summary

Much has changed since the first week of March. COVID-19 cases keep getting worse and will lead to a substantial economic contraction in the second quarter. The rest of the year could see some recovery, but it is too early…