WATCH: Unpacking the COVID-19 recession and its impact on the auto industry

Posted by George Augustaitis on June 11, 2020

The COVID-19 pandemic has had a sweeping impact on the economy. Almost overnight, it brought businesses across the country to a near halt, resulting in a record number of jobless claims and a recession unlike any other.

In this presentation, I’ll take a look at many of the unique factors—decreased consumer confidence, supply chain disruption, and increasing pent-up demand—that continue to make this COVID-19-driven economic downturn so unique. I’ll also cover how the recession continues to evolve and what it means for the auto industry.

Watch the full recording below, and if you have any questions, please reach out to me at pr@cargurus.com.

Topics: covid-19, economic analysis, industry insights