The local industry is already recovering, with commercial vehicle plants re-opened Global commercial vehicle production (GVW 4-8) volumes in 2020 compared to 2019 are forecast to be down 22 percent (more than 650,000 units) to 2.6 million units, in the wake of the COVID-19 pandemic, according to the most recent analysis from IHS Markit (NYSE: […]
The post Global Commercial Vehicle Production Expected to be down 22 Percent in 2020 in Wake of COVID-19, According to IHS Markit Forecasts appeared first on Fleet News Daily.
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