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Automotive Rapid Response Report - 14 April 2020

15 April 2020

As the COVID-19 pandemic continues to unfold, IHS Markit offers uniquely actionable, rapid insights to drive your business. Insights powered by the most up-to-date information available provide critical intelligence to inform near-term planning and longer-term strategic decision making. Download our weekly Rapid Response Report to get real-time market feedback on specific market actions that will help you get a step ahead and help determine which actions to take next.

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  • 95% month-over-month-to-date negative registration impact in Michigan with the implementation of the Shelter-in-Place Executive Order (vehicle sales suspended)
  • 3% week-over-week registration increase in Michigan coinciding with the revision of the executive order, allowing online vehicle sales
  • Florida is seeing a 53% decline with limited restrictions on automotive transactions
  • States permitting online sales are seeing a 20% lower negative impact to their registration volume

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