Top 10 Moments and Trends of 2020 in the Auto Industry
Accelerated Decline of Cars
The situation with traditional passenger cars got even worse in 2020. Several models were axed—so many in fact that we can’t list them all here. Meanwhile, SUVs, crossovers and pickups have become more popular than ever (they now account for 80 percent of the market in Canada) and the low stocks are causing problems for many dealers.