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IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario

  • Green Car Congress faviconGreen Car Congress

    By mmillikinApr 9, 2020, 4:30 am506 ptsHot
    photo of IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario imageIHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 million units. Regionally, that breaks out to: -26% US vehicle sales decline YoY to 12.6 million units -17% Europe vehicle sales decline YoY to 17.1 million units -14% China vehicle sales…
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