U.S. luxury automobile income stirred to consciousness very last thirty day period just after obtaining been KO’d by the coronavirus pandemic early this spring.
Although effects for the April-June quarter glance grim, with the phase tumbling 31 per cent from a year in the past, June heralded a brisk bounce back again from the world financial disaster. The phase sustained only a five.five per cent year-about-year drop for the thirty day period, J.D. Power details showed.
At the close of June, luxury brands accounted for 12.nine per cent of full U.S. market income, according to the Automotive News Information Center.