IHS Markit: global auto sales to drop 22% this year

Green Car Congress
By mmillikinMay 1, 2020, 5:30 am337 pts
IHS Markit cut its forecasts for global light vehicle sales and production as the impact COVID-19 impact has depressed demand. According the new analysis, global light vehicle sales are now forecast to be 69.6 million units this year in the wake of the pandemic, a 22% drop from last year. IHS Markit forecasts a…

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