The situation of countries in the world affected by Covid-19 has expanded to 183 countries, involving 1.275 million confirmed cases. Big countries such as the United States, Spain, Italy, Germany and France became the five countries with the largest cases as of April 6, 2020. Seeing the increasing spread of COVID-19 cases directly hit the automotive industry, especially in the production and sales sectors.
Apart from that, several dealers from car brands have issued policies so that the automotive market does not stop with some gimmicks, such as a buy from home service, with a payment suspension of up to 90 days. The service is to accommodate those who stay at home, and implement social distancing. Manufacturers like General Motor offer zero percent interest plans for up to 84 months, with a deferral of payments of up to 120 days.
What if consumers want to buy a car? A TrueCar buying and selling website, offering the Buy from Home feature. TrueCar offers remote document processing, home delivery of the car, and verified sanitation services. BlackPals can access it via https://ir.true.com or via Motor1.com, offers are made starting from March 26, 2020, until BlackPals can check the offer themselves through the nearest dealer.
Alfa Romeo, BMW, Buick, Cadillac, Chevrolet, Dodge, FIAT, Ford, GMC, Hyundai, Infitiny, Jeep, Kia, Lexus, Lincoln, Mercedes Benz, Nissan, Ram, Toyota, and Volkswagen. Dealers with related brands have modified payment packages with 0% installments for 84 months and a suspension of up to 90 days. Unfortunately, this policy is more applied to the United States region which is leading the Covid-19 case with 337,638 positive cases.
Meanwhile, APM in Indonesia has not yet issued this policy. So far, it has only been limited to Home service, booking online, it has not had an impact on financing relief.
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