US total new vehicle sales in April slid by about 50% year over year as the coronavirus pandemic limited consumer and corporate purchasing activity during a full month of shelter-in-place measures across the country, according to industry consultants. Receive daily email alerts, subscriber notes & personalize your experience. Register Now Analysts with Cox Automotive said Wednesday April new vehicle sales dove 47% to a seasonally adjusted annual rate of 8.6 million units from 16.5 million units in April 2019, despite the month having one more selling day compared to last year. Sales in the month were also down from an SAAR of 11.4 million units in March. The decline in sales was even more pronounced among vehicle fleet purchases, which fell 70.1% year over year in April to […]