U.S. automakers are suffering from the deepest sales decline in decades, the country is still politically divided, and it’s in the middle of a pandemic. But if officials can quickly roll out a Covid-19 vaccine and stabilize the nation, automotive executives and analysts have reason to hope U.S. vehicle sales will return to some form of normalcy in 2021, reports CNBC.
Subaru Corp. will cut output by "several thousand" vehicles this month in Japan and the United States, it said Thursday, citing a global shortage of semiconductors, reports Automotive News.
U.S. consumers still prefer the face-to-face interaction buying a new vehicle used to require.
The all-new Ford Mustang Mach-E, an electric vehicle, was named 2021 North American Utility of the Year while the redesigned Ford F-150 pickup was named truck of the year and the Hyundai Elantra took top car honors.
A drop-off in auto sales usually sends incentives soaring and profits plummeting. Not in 2020, amid the biggest one-year decline in U.S. light-vehicle sales since the Great Recession, reports Automotive News.
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