Why WFH Could Spell The End of Motoring as We Know it

Dmytro is the founder of Solvid and Pridicto. He explores whether the popularity of remote work in the wake of Covid-19 could spell the end of motoring as we know it. As the virus sweeps through Western Europe in the spring of 2020, used car sales dropped by as much as 80% in some countries as citizens embraced lockdown and stayed home. New vehicle sales fell by 47% year-over-year, while rental, commercial and government fleet purchases dropped by 70% within the same time period.