Friday, December 27, 2019

Auto blues: Passenger vehicle sales may skid 13% this year

The industry is estimating sales to fall 13% from last year — worse than an 8% decline, the steepest so far, recorded in 1998 — to about 2.95 million units in 2019. This would take the volume below the levels three years back. In 2016, automakers had sold nearly 2.97 million units.

from Auto-Industry-Economic Times https://ift.tt/2QoNCtI

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