COVID-19 puts the brakes on the auto industry

The global automotive sector came into 2020 on solid ground—until the outbreak of the coronavirus. Production screeched to a halt and sales plunged, making it one of the most vulnerable industries to the global pandemic. Although COVID-19 will cause some consumers to delay new car purchases, a sharp acceleration is eventually expected to help drive the overall economy forward.

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COVID-19 puts the brakes on the auto industry

Access this overview on the auto sectorUnlimited one-click access through your MyEDC Account

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