The impact of COVID-19 on the automotive industry
The global sales of passenger cars has declined for the last two years and the outlook for 2020 was for another low single-digit percentage decline. Then COVID-19 struck, and the impact is already dramatic. Canalys has published its latest global passenger car sales and cars-in-use forecast, by feature, in the Intelligent Vehicle Analysis service. This presentation summarizes the key figures and assumptions. The forecast will be refreshed in July 2020.