Image credits: Ford
/
Weekly Roundups

April Sales Results and International Adjustments

By Alejandro Enríquez | Thu, 05/07/2020 - 14:42

May begins with last month's sales results. In Mexico, sales dropped by 64.5 percent compared to April 2019 and 60.1 percent compared to last month. AMDA had forecasted a monthly fall of above 90 percent, so results were better than expected, although they hit a historic low with just 34,903 units sold. 

As for how the value chain is regrouping to battle COVID-19, ride-hailing companies Uber, Cabify and Didi have created different initiatives to reward health staff, as well as to support partner drivers and keep users safe. 

In international roads, while global players like BMW and DuPoint continue to adjust their margins and forecasts for 2Q20, Volkswagen sees a sharp demand increase in China, led by former public transportation users.

Ready to hit the road, here is your weekly news roundup?

Special

International Roads

The data used in this article was sourced from:  
Mexico Business News, Reuters
Photo by:   Ford
Alejandro Enríquez Alejandro Enríquez Journalist and Industry Analyst

MORE BY THE AUTHOR

Logistics
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez
Automotive
by Alejandro Enríquez