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23 Jun 2020 | North America | Market Outlook
Global Automotive Industry Outlook, 2020
COVID-19 Pandemic to Negatively Impact Light Vehicle Sales to the Tune of Over 14% YoY
The novel coronavirus driven pandemic has adversely affected a wide array of industries. The automotive industry is not immune to the disruptions caused by the virus either. The months of March and April have seen lockdowns of cities across the globe, and the sales of automobiles have plummeted as a result. Light vehicle (LV) sales in China, the Un...
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