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Automotive sector a bellwether for economy

Consumer and business sentiment affects Colonial Motor Co’s results.

It’s getting harder to sell cars, and that signals the auto industry is about to enter a period of decline, the departing chief executive of the US’s largest auto dealership chain forecast a year ago.

“As they say in The Godfather, this is the life we chose,” Autonation then-head Mike

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Calida Stuart-Menteath Mon, 09 Mar 2020
Contact the Writer: calida@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Automotive sector a bellwether for economy
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