We can expect a car buying seizure this year
Many would abandon public transport in the long run due to the coronavirus pandemic, according to an international survey of EY 3300 involving consumers. The automotive industry must also be prepared for the sudden change in demand.
Nearly a third of those who used public transport would acquire a car within half a year, the primary reason is the fear of coronavirus infection. The most determined of these are those between the ages of 24 and 39, who make up about half of the first car buyers. Meanwhile, a fifth of owners are thinking of buying one more in addition to their existing car.
Related news
EY: Missed opportunity: Cybersecurity creates business value if left to
Cybersecurity is bringing significant savings to companies worldwide, yet they…
Read more >Grocery Stores In Denmark Face DKK 1bn Hit From Weight Loss Medications, Study Finds
Danish grocery stores risk losing up to DKK 1.2 billion…
Read more >This is how artificial intelligence became part of everyday life
Artificial intelligence (AI) has become an almost invisible part of…
Read more >Related news
End of the century: drought drove up food prices in July
In July, annual inflation slowed to 4.3 percent, while on…
Read more >Counterfeit food and beverages cause billions in damage in Hungary every year
In Hungary alone, food and drink counterfeiting causes nearly 16…
Read more >New CFO and Supply Chain Director joins HEINEKEN Hungária team
New professionals have joined the management of HEINEKEN Hungária Zrt.…
Read more >