IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19
Green Car Congress
APRIL 18, 2020
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. Preliminary registrations statistics for the month of March suggest a year-over-year decline in new Class 4-8 truck registrations of approximately 30%.
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