automobile industry Archives

Global Passenger Car Sales to Plunge by $440B in 2020, Entire Market to Drop by 10% in 2021

Jastra Kranjec December 29, 2020 0 Comments

Global Passenger Car Sales Plunged by $440B in 2020-StockApps.com

The COVID-19 pandemic hit the automotive industry hard, causing supply chain disruptions, factory closures, and huge sales and revenue drops. According to data presented by Stock Apps, global passenger car sales is expected to plunge by $440bn in 2020 due to the coronavirus outbreak. The downsizing trend is set to continue next year, with revenues …

Volkswagen Group, Toyota, and Renault-Nissan-Mitsubishi Alliance Lost $104.5bn in Revenue in 2020

Jastra Kranjec October 28, 2020 0 Comments

Automobile manufacturers revenue in 2020-StockApps.com

Automakers had a rough start to 2020, with global auto production and sales slumped amid the coronavirus outbreak. Supply chain disruptions, factory closures, and sales drops had a massive impact on the largest automobile manufactures, causing a sharp fall in their revenues. According to data presented by StockApps, the Volkswagen Group, Toyota, and Renault-Nissan-Mitsubishi Alliance, …

Tag: automobile industry

Global Passenger Car Sales to Plunge by $440B in 2020, Entire Market to Drop by 10% in 2021

Volkswagen Group, Toyota, and Renault-Nissan-Mitsubishi Alliance Lost $104.5bn in Revenue in 2020

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