IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19
Green Car Congress
APRIL 18, 2020
The China policy response to assist the commercial-vehicle industry has been broad, with a variety of direct and indirect supports announced, locally and nationally. New financing has also been announced to eliminate high emissions vehicles in key regions which should give some support to boost to truck sales, all else being equal.
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