{"id":2893,"date":"2020-04-15T07:24:18","date_gmt":"2020-04-15T02:54:18","guid":{"rendered":"http:\/\/polymervapooshesh.ir\/extended-lockdown-scenario-forecasts-18-drop-in-global-vehicle-sales\/"},"modified":"2020-06-01T11:41:11","modified_gmt":"2020-06-01T07:11:11","slug":"extended-lockdown-scenario-forecasts-18-drop-in-global-vehicle-sales","status":"publish","type":"post","link":"https:\/\/polymervapooshesh.ir\/en\/extended-lockdown-scenario-forecasts-18-drop-in-global-vehicle-sales\/","title":{"rendered":"Extended Lockdown Scenario Forecasts 18% Drop in Global Vehicle Sales"},"content":{"rendered":"<p><strong><em>IRANPOLYMER\/BASPAR\u00a0 <\/em><\/strong>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; a 17% Europe vehicle sales decline to 17.1 million units; and a 14% China vehicle sales decline to 21.8 million units.<\/p>\n<p>The U.S. has seen a 30% decline in national registration volume in March 2020 over February 2020. Half of the U.S. is now seeing a month-on-month new vehicle registration decline of 25% or greater from February into March. As April unfolds, there will likely be a further decline as more states move to tighter consumer and business restrictions, IHS Markit suggested.<\/p>\n<p>IHS Markit said that the 40% chance of an extended lockdown forecast reflects immediate impacts of new containment measures that have been announced globally and expanded within countries already confronting the virus. A stronger economic response in 2021\u20132023, however, will push global growth above 3% annually.<\/p>\n<p>The 15% probability of an extended lockdown with ineffective stimulus scenario contains stringent virus-fighting efforts lasting into the third quarter of 2020. Stimulus measures prove ineffective at backstopping the crisis and unemployment rates spiral. Recovery begins later and at a much slower rate than anticipated. Global vehicle sales in this scenario would collapse by more than 20% to 71.2 million units.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>source:plasticstoday<\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><em>IRANPOLYMER\/BASPAR&nbsp; <\/em><\/strong>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; a 17% Europe vehicle sales decline to 17.1 million units; and a 14% China vehicle sales decline to 21.8 million units.<\/p>\n","protected":false},"author":2,"featured_media":2894,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[31004,69],"tags":[2525,2527,2524,2526,2529,2528],"class_list":["post-2893","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-featured","category-news-en","tag-covid-19","tag-economic-response","tag-ehicle-sales","tag-ihs-markit","tag-lockdown","tag-unemployment"],"_links":{"self":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/posts\/2893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/comments?post=2893"}],"version-history":[{"count":0,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/posts\/2893\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/media\/2894"}],"wp:attachment":[{"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/media?parent=2893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/categories?post=2893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/polymervapooshesh.ir\/en\/wp-json\/wp\/v2\/tags?post=2893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}