New Report Brings Positive News for SC Automakers Volvo, BMW
Tuesday, September 22nd, 2020
The coronavirus-related drop in new vehicle sales appears to have bottomed out, a new report says, giving South Carolina automobile manufacturers Volvo Cars and BMW some rare good news for 2020.
Still, the recovery from a 27 percent plunge in global car sales during the first half of this year won’t be fast or easy, according to analysts at Moody’s who this month changed their outlook for the automotive industry to stable from negative.
Read More at The Post and Courier.