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Hi, my dear readers, this is Anna from QINUO. Hope you still take very good care of yourselves. Knowing that the situation of COVID-19 is getting worse than before. But please do believed the vaccine is coming out soon.

Every one worried about the job, so do i. I am afraid that people have stopped to go out because of the security. And the business of car product will go down very soon. And after checked out some data online, it turns out the used car boom is one of the hottest, and trickiest, coronavirus markets for consumers

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Except for avoiding the touching chance with others, getting a car is helpful. Covid-19 has led to an increase in used car sales as people avoid mass transportation and are more sensitive to auto cost in the recession. China factory keep working for providing the products to the world, which make sure to meet the world market demand. And also key fob supplier like QINUO, they are producing key fob with stable quality and favor price to balance the high demand.

Quoted to the data on line:In June, 2022, consulting firm AlixPartners estimated that due to the lockdowns, timeline to full auto factory restarts and a global consumer confidence decline, it expected a drop of 36 million new vehicle sales globally through 2022, compared to 2019 levels. In the U.S. market, it forecast a sales market for new cars lower by roughly 3.5 million vehicles year over year, with that outlook dependent on the recession not becoming prolonged. Automakers including GM have become more optimistic in commentary since the Q2 Covid-19 nadir, but even before Covid-19, the used car market was more than twice the size of the new car sales market.

It means the used car market is going to over new car to take the market, but on the other side: the market for car key is the same. Overseas trends are similar, with private U.K.-based online car sales company Cazoo recently doubling its valuation.

QINUO Electronics Co., Ltd is a leading automatic doors systems manufacturer in China, offer a diverse range of automatic door sensor, RF remote control, gate control board, transmitter&receiver, etc. With 10-year effort, we have expanded our market to Europe, North America, Southeast Asia and Middle East and enjoy good reputation among our customers.Plastic Key Fob