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China’s rebound signals hope for US auto market

Nicole Casperson by Nicole Casperson
May 14, 2020
in Risk Management
Reading Time: 2min read

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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Tags: auto financeCoronavirusgeneral motorsGM FinancialManheimMoody'sPremium
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