Coronavirus Outbreak Will Slash World Vehicle Sales in 2020 by 2.5 Percent

According to Moody's, the disease outbreak is affecting demand for cars and disrupting the automotive supply chain.

RIO DE JANEIRO, BRAZIL - World car sales in 2020 are expected to drop by 2.5 percent due to the outbreak of the new coronavirus. The figure was revised by Moody's rating agency, which projected a drop of 0.9 percent for the year.

By Tuesday, February 25th, at least 2,708 people had died, most of them in China - there were also deaths in Italy (11), Iran (11), South Korea (ten), Diamond Princess Cruise (three), Hong Kong (two), Philippines (one), Japan (one), Taiwan (one) and France (one) - and more than 77,000 confirmed infection in several countries. With . . .

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