economic response

Extended Lockdown Scenario Forecasts 18% Drop in Global Vehicle Sales

IRANPOLYMER/BASPAR  IHS Markit is projecting an 18% drop in global new vehicle sales year-on-year under an extended COVID-19 lockdown scenario to 73.3 million units. Regionally, that breaks out to a 26% U.S. vehicle sales decline year-on-year to 12.6 million units;…

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