HARDY TRUCK SALES BOLSTER CAR COMPANIES DURING HEALTH
CRISIS
The coronavirus outbreak has cut deeply into U.S. auto sales,
but for Detroit in particular one corner of the market has held up
relatively well: pickup trucks. With auto makers offering
aggressive finance deals and trucks often needed for work, sales of
pickups haven't dropped as precipitously as other types of
vehicles and are expected to bounce back faster as the market
recovers, industry executives and analysts say. Another factor,
they say, is that big truck-buying states, like Texas and Florida,
have had less-restrictive lockdowns during the Covid-19 crisis.
Source: The Wall Street Journal
GASOLINE DEMAND REBOUNDS
