Toyota predicts 25 per cent Australian market slump

But the dominant auto brand says the market will recover by mid-2021

New vehicle sales are crashing around the world due to the COVID-19 coronavirus, but Australia remains in a good position compared to many other countries and there are already signs of recovery appearing.

That’s the word from the sales and marketing boss of Australia’s top-selling car brand, who predicts a market slump of between 25 and 30 per cent in 2020 and a return in confidence by mid-2021.

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https://www.motoring.com.au/toyota-predicts-25-per-cent-australian-market-slump-124258/