Mercer Capital is pleased to introduce the Auto Dealer Valuation Insights Blog, a weekly update on issues important to the Auto Dealer Industry curated by our Auto Dealership professionals.
This week’s post is “March 2020 SAAR: When Might Things Return to Normal?” Excerpting from the discussion:
The term “24-hour news cycle” doesn’t do justice to the rate at which new information becomes available and is consumed by people trying to understand the significant impact COVID-19 is having on all of us. Stay-at-home orders have created a huge demand shock, which is particularly harmful to a largely service-based economy. In this post, we contextualize some of the fallout that has been experienced and try to answer the question “when will things return to normal?”.
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