09
Aug
12:08
Moody's revises down auto sales forecast, outlook negative
Moody’s has maintained its negative outlook on the global automotive manufacturing industry based on its forecast for global light vehicle sales to fall -3.8% on-year in 2019 and -0.9% in 2020. The forecast has been revised down, reflecting a further weakening in demand in China and Western Europe.
Moody’s had expected Chinese auto sales to swing back to modest growth in 2019 but they slid -12% on-year in the first half of 2019. They should, however,…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous