If anyone is interested in a little more detail: https://www.aar.org/wp-content/uploads/2020/05/2020-05-13-railtraffic.pdf
Automobile delivery by rail is down 32% for the year. Good time to buy a car?
Many chemicals are needed as a feedstock for industrial processes. If factories are shutdown much of the chemical industry is shutdown. Even things like milk, sugar, and flour are shipped by rail to large factories.
Not sure it’s a “Good time” to buy anything.
Not seeing much if anything in the way of bargains.
Most durable goods inventory was produced and stocked before the Kung-Flu hit.
Not much recent production with everyone locked up at home.
What is in stock now may be all that is available for the foreseeable future.
So despite the crashed economy it seems there is little incentive for lower prices.
Scarcity drives higher prices.
Hertz rental car company is going bankrupt, and a lot of rental companies are not doing much better. There will be a flood of used cars available later this year.