Product
Supplier
Encyclopedia
Inquiry
Home > News > Market Flash > The production and sales of the automobile industry will decline significantly

The production and sales of the automobile industry will decline significantly

ECHEMI 2020-02-21

According to the association, the outbreak will have a huge impact on the operation of the automobile industry in the first quarter, and the industry's production and sales will decline significantly. After the epidemic, the restrained consumption demand will be released in the short term, and the automobile market will usher in a short-term consumption peak. The trend of the whole year will be low before and high after, but the development situation of the automobile market in the whole year is still not optimistic. At present, the recovery rate of automobile enterprises is about 32%.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
Comment
Comment

Trade Alert

Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)

Scan the QR Code to Share

Feedback & Suggestions
Send Message

Thank you for your feedback. If you require further assistance, please contact us by email at info@echemi.com or call us at +86-532-55729510.