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A 14% decrease month-over-month (m/m) in national registration
volume as we conclude April
A 2% decrease m/m across the six southern states coordinating
reopen activities
As the co-ordination efforts continue, there are several
manufacturing plants likely to open in May including Volkswagen
(Chattanooga), GM (Spring Hill), and Nissan (Smyrna).
As states start reopening their economies, it will be
interesting to see if their recovery parallels our observations in
China, where retail visits in some areas are 25% higher w/w.