17
Dec
13:16
Moody's foresees negative 2020 for carmakers
Moody’s outlook for global automotive manufacturers in 2020 is negative, driven by expectations of a continued decline in global light vehicle sales amid weakening economic growth in key markets.
The outlook is based on Moody’s forecast of a -0.9% decline in light vehicle sales in 2020, following a projected -3.8% decline in 2019.
US light vehicle sales will slip -0.6% in 2020 after falling by a projected -2.9% in 2019; however, low unemployment,…
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Anonymous
Very good overview of the weekly steel market.
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