The impact of the lockdown is becoming increasingly evident as economic activity resumes, but Lightstone’s Motor Industry Confidence Indicator in August suggests respondents are confident the situation will continue to improve in the months ahead.
Activity in the automotive industry declined slightly again in August (4.9) from July’s 5.0, which was a slight decline from June, the busiest month since the lockdown was introduced in late March.
Overall market activity is measured on...