The Daily Money: 5 reasons COVID-19 is boosting car and truck sales

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The Daily Money ALL THE MONEY NEWS YOU NEED TO KNOW   Friday, September 4 Happy Friday, Daily Money readers! It's Brett Molina with your Money and Tech headlines as you get ready for a hopefully relaxing Labor Day Weekend. Before the pandemic began, automakers braced for a future where people would buy fewer cars and embraced ride-hailing services or public transportation. Now, as the pandemic rages on, more Americans want their own vehicles. Shifting from cars to homes, the recession fueled by the pandemic has split the housing market into two: one group of Americans leaving cities for new homes, and another group facing eviction and struggling to survive. Finally, gas prices for the Labor Day weekend are expected to be at their lowest point since 2004. But before you go anywhere, be sure to double check which stores and restaurants are open. Scroll down for more headlines, and enjoy the holiday weekend. Brett Molina, Money/Tech editor 5 reasons why COVID-19 is boosting cars, SUVs, pickups The COVID-19 pandemic has swung the pendulum toward cars, as mass transit and ride-sharing are falling out of favor, while road trips are in. As some Americans buy dream homes, others face eviction Labor Day gas prices set for lowest since 2004 1.4M jobs added in August as states reopen but gains... Lowe's giving out COVID-19 small business grants These stores and restaurants are open Labor Day Taco Bell removing Mexican Pizza from menu How this Black-owned café in Detroit is defying the... 2020 Corvettes recalled for key front trunk fix Applying to college? These majors pay off the least   FOLLOW US Problem viewing email? View in browser Unsubscribe • Manage Newsletters • Terms of Service • Privacy Policy/Your California Privacy Rights • Privacy Notice • Do Not Sell My Info/Cookie Policy • Feedback © 2020 USA TODAY, a division of Gannett Satellite Information Network, LLC. 7950 Jones Branch Drive, McLean, VA 22102