Investor Presentaiton
COVID-19 Pandemic Accelerating Consumer Shift to Digital
U.S. eCommerce penetration experienced
10 years' growth in 3 months
Increased Focus on Car Ownership and
eCommerce1
US eCommerce Penetration, %
10 years' growth
in 3 months
35%
93%
Using personal cars
more often
30%
40%
Considering buying a car
25%
20%
33%
Moving faster to buy a
car due to COVID-19
15%
10%
5%
0% H
2009
2011
2013
2015
2017
2019 Q1 2020
Open to Car Buying Online¹
31%
62%
Source: McKinsey: Bank of America: Forrester Analytics: ShawSpring Research; US Dept of Commerce
- COVID-19 is driving the transition from offline-to-
online at an accelerated rate across all industries -
including automotive retail
Pre COVID-19
After COVID-19
Pandemic Accelerated Trends - Consumers and Peers Increasingly Embracing Digital Vehicle Retail
1.
Industry Research
AutoCanada
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