KBB’s Karl Brauer on coronavirus and cars (Episode 36)
Shift: A podcast about mobility
Automotive News
4.6 • 37 Ratings
🗓️ 6 April 2020
⏱️ 33 minutes
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Summary
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| 0:00.0 | Hi everyone. Welcome to Shift, a podcast about mobility. I'm Pete Bigelow, your host and reporter at the Automotive News. |
| 0:15.9 | I'm Alexa St. John, Tech and Suppliers reporter for Automotive News. |
| 0:19.8 | And joining Pete and Alexa, this is Leslie Allen, |
| 0:22.9 | editor of Shift magazine. |
| 0:24.3 | Hi, everybody. |
| 0:25.5 | How are you guys doing today? |
| 0:27.0 | Haying in there, Pete. |
| 0:28.6 | You know, of course, our homework continues. That's right. We are remote again today and probably |
| 0:38.8 | are for the foreseeable future as as everybody knows the coronavirus impacting our personal work schedules and in |
| 0:48.6 | the auto industry and mobility industries overall. Leslie I think you were just checking out some of the |
| 0:54.7 | the latest grim figures and statistics on on auto sales. What's the picture? |
| 1:00.8 | It's pretty frightening as a matter of fact I mean I was just looking at these numbers and if I'm looking at this right at least so far |
| 1:08.5 | March auto sales are down more than 46%. |
| 1:12.7 | If you can visualize that, I mean, the auto industry |
| 1:16.4 | have been doing pretty well this year. |
| 1:18.3 | And I mean, to see a 46% drop in just one month. |
| 1:23.4 | And for the quarter, now not everybody reports on the same schedule. |
| 1:27.0 | Some automakers are reporting only quarterly, |
| 1:29.7 | and some are still reporting monthly, |
| 1:32.2 | but for the quarter so far it's 13.8% down I mean we have |
| 1:38.1 | automakers talking about wanting to go back to cash for clunkers and trying to do whatever they can to try to get these sales back on track. |
| 1:47.6 | I mean, even automakers that traditionally do pretty well. |
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