IHS Markit: global auto sales to drop 22% this year
Green Car Congress
MAY 1, 2020
In Europe, COVID-19 lockdowns remain firmly in place for Italy, Spain, France and the UK, though show signs of easing in Germany. We may see a first-in, first-out phenomenon in China, and auto demand could bottom out midway through 2020 and begin to recover in the second half of the year. In 2021, volume could recover to 23.2 million in 2019.
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