Analytics on topic
Article
07.23.2020
EU car sales forecast 2020: Record drop of 25% expected this year, says ACEA
In the light of the major economic crisis facing the auto industry due to COVID-19, the European Automobile Manufacturers’ Association (ACEA) has radically revised its 2020 forecast for passenger car registrations down to about −25%.
Source: European Automobile Manufacturers Association
Article
05.18.2020
Exporters urged to adjust to global demands
Though China saw its exports recover in April, driven by the surging shipment of electromechanical, textile and plastic products, trade experts urged the country’s export-oriented companies to analyze global market demand as early as possible during the post-pandemic period to stay competitive.