U.S. auto sales in states with coronavirus lockdown orders to drop 80%: analysts

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U.S. auto sales in states with coronavirus lockdown orders to drop 80%: analysts
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Vehicle sales in U.S. states that implemented lockdown orders to curb the spread...

FILE PHOTO: Automobiles for sale are seen at Serramonte Volkswagen in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam

Auto retail sales through the week of March 22 declined 22% nationwide on a yearly basis and as much as 40% in some cities on the U.S. West Coast, according to an analysis by research firm J.D. Power based on data from dealership stores around the country. “We expect to see a much broader and wider impact from these restrictions next week with sales declining 80% or more,” said Tyson Jominy, the firm’s vice president of data and analytics.

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