Auto sales down a bottomless pit

Auto sales dropped 43% year-on-year during April to 9.5k vehicles from 16.8k last year, according to a report from the Automotive Information Council (AMIC), picked up by Al Borsa. Passenger car sales were down 45% y-o-y to 6.3k units from 11.55k units in April 2016. Bus sales also dropped 44.6% y-o-y in April, while truck sales fell by 34.9% compared to last year.