- Industry experts say sales of both new and used vehicles have dropped by more than 50 percent at the end of April 2020 compared to the same time in 2019
- Increasingly motivated to sell, car makers and dealers are offering special deals to entice buyers, including zero-percent financing on multiple models
- PowerBand Solutions’ cloud-based platform helps users get access to such deals online by streamlining vehicle sale interactions among participants and eliminating unnecessary middlemen
With 26 million Americans having lost their jobs in the wake of the coronavirus outbreak and another 25% expecting to lose theirs in the near future, people are hesitant to make or even plan for making major purchases such a new car, but, as Warren Buffett said, “Be greedy when others are fearful and fearful when others are greedy.”
The truth is, there has been no better time to land a deal on a new car than now, according to a MarketWatch report…
NOTE TO INVESTORS: The latest news and updates relating to PWWBF are available in the company’s newsroom at http://nnw.fm/PWWBF
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.NetworkNewsWire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork.