A Bloomberg NEF (BNEF) report forecasts that sales of combustion engine cars will drop 23 per cent in 2020, whereas worldwide electric car registrations are set to fall by only 18 per cent.
Pandemic Causing Huge Car Sales Downturn
With lockdown measures, a mass loss of income and jobs, the closure of car plants and showrooms worldwide, and a huge dent in ‘consumer confidence’ has come an inevitable downturn in the sales and registrations of new cars in 2020.
Three Years
Colin McKerr...
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