0% Finance Deals Surge to All-Time Record Level in April, According to Edmunds

SANTA MONICA, Calif.May 1, 2020 /PRNewswire/ — Zero percent finance deals surged to a record level in April as automakers pulled out all the stops to encourage new vehicle purchases during the coronavirus crisis. According to the car shopping experts at Edmunds, 0% finance deals accounted for 25.8% of financed purchases in April, compared to 4.7% in March and 3.6% in February. This is the highest level of 0% finance deals that Edmunds has on record dating back to 2004. Continue reading

New Vehicle Sales Continue Downward Slide in April, Edmunds Forecasts

SANTA MONICA, Calif.April 30, 2020 /PRNewswire/ — The car shopping experts at Edmunds say that April will be a record down month for the auto industry due to the coronavirus (COVID-19) pandemic, forecasting that 633,260 new cars and trucks will be sold in the U.S. for an estimated seasonally adjusted annual rate (SAAR) of 7.7 million. This reflects a 52.5% decrease in sales from April 2019, and a 36.6% decrease from March 2020. Edmunds analysts note that this is the lowest-volume sales month dating back to at least 1990; the second worst month for sales in the past 30 years was January of 2009, when 655,000 vehicles were sold. Continue reading

The Global Automated Guided Vehicle Market to Reach Revenues of Over $60 Billion During the period 2020 −2025 – Market Research by Arizton

CHICAGOFeb. 13, 2020 /PRNewswire/ — According to Arizton‘s recent research report, Automated Guided Vehicle Market – Global Outlook and Forecast 2020-2025 is expected to grow at a CAGR of approximately 47% during the period 2019−2025. Continue reading