IHS Markit forecasts 18% drop in global vehicle sales YoY to 73.3M units under extended lockdown scenario
Green Car Congress
APRIL 9, 2020
IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended lockdown scenario to 73.3 17% Europe vehicle sales decline YoY to 17.1 A stronger economic response in 2021-2023 pushes global growth above 3% annually. Global vehicle sales in this scenario collapse by more than 20% to 71.2
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