Car and commercial vehicle sales down by more than 20% what does it means.

Car sales and prices are falling through out the world except demand for some small cars.
In some countries sales are down by more than 23%

What is the reason for this? How it will affect for the Motor vehicle sector? Do you think it is close to bottom?

Thanks.

Answers

jillybeansisme answered a question in General Market.
583 points

jillybeansisme answered 3 months ago …

The economy is bad and people/companies are both tightening their belts.

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