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China’s rebound signals hope for US auto market

Nicole Casperson

As the U.S. auto market continues to be hammered by the coronavirus economy, the “speed and magnitude” of the recovery in Chinese auto demand is a sign of hope for the industry, according to a research note by Moody’s Investors Service. In fact, after plunging 42% during the first three months of 2020 from prior-year levels, […]

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