IHS Markit: global commercial vehicle production to drop 22% in 2020 in wake of COVID-19
Green Car Congress
APRIL 18, 2020
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. 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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