AutoNation says its car gross sales fell 50% in final two weeks of March



AutoNation Inc. stated on Friday its new- and used-vehicle unit gross sales fell about 50 p.c year-over-year over the past two weeks of March because of the coronavirus pandemic.

The biggest U.S. auto dealership chain has positioned about 7,000 workers on unpaid depart, applied momentary pay cuts for associates and frozen new hiring, the corporate stated in a regulatory submitting. 



Supply Autonews.com



Source marketwatch.com