COVID-19 consumer sentiment - planned spending on automobiles 2020

In light of the COVID-19 outbreak in virtually all countries worldwide, the share of respondents planning to decrease spending on automobiles greatly outweighed that of consumers who expect to increase their expenditures on automobiles during the next six months.

Net percentage of respondents in selected countries worldwide who expect to increase their spend on automobiles in the next 6 months due to the outbreak of COVID-19, between the weeks ended March 11 and April 29, 2020

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Source

Release date

May 2020

Region

Worldwide

Survey time period

March 6 through April 27, 2020

Number of respondents

2,783*

Special properties

Consumers

Method of interview

Online survey

Supplementary notes

* The number of responses ranges from 2,783 to 3,465
The original question was phrased as follows: "How do you expect your spending to change in the next 6 months across the following areas?"
This survey is based on data drawn from an online survey of consumers in France, Italy, China, the U.S., and the UK.
The source did not specify the age of respondents.
Net percentage of respondents to increase spending measures the difference between the share of respondents planning to spend more and the share of respondents planning to spend less, according to the source.

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Statistics on "Coronavirus: impact on the automotive industry worldwide"

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