IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19
Green Car Congress
APRIL 18, 2020
These forecasts are informed by the latest IHS Markit global economic forecast updates, which reflect a 3.0% March appears to have been solid, on preliminary data, and April may even reach prior-year volumes thanks to strong government stimulus, but we do not see all of the lost volume being made up. decline in global real GDP in 2020.
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