Auto sales are in a freefall. Heavy-duty truck manufacturing looks to fall by more than half. Few people are flying, renting cars or commuting to work. The COVID-19 pandemic is rapidly changing the face of work and the economy.
Adam Jonas, the transportation industry analyst at Morgan Stanley Research, has stepped back and come up with a compelling list of 10 ways the transportation industry is changing before our eyes. Will people work at home in far higher numbers? What types of vehicles will businesses and consumer purchase? How reluctant will people be to get into an Uber?
Here are Jonas’s thoughts on these questions….