Covid-19 pandemic. The demand volume is expected to fall to around 2.9 million units in 2021.
Projections for global commercial vehicle demand in 2020 and 2021 predict a year-on-year decrease of around 11 percent in 2020, as a direct consequence of the Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units)
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IHS Markit. (December 22, 2020). Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units) [Graph]. In Statista. Retrieved May 19, 2024, from https://www.statista.com/statistics/1201302/cv-global-demand-volume/
IHS Markit. "Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units)." Chart. December 22, 2020. Statista. Accessed May 19, 2024. https://www.statista.com/statistics/1201302/cv-global-demand-volume/
IHS Markit. (2020). Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units). Statista. Statista Inc.. Accessed: May 19, 2024. https://www.statista.com/statistics/1201302/cv-global-demand-volume/
IHS Markit. "Projected Demand for Medium and Heavy Trucks and Buses Worldwide in 2020 and 2021 (in Million Units)." Statista, Statista Inc., 22 Dec 2020, https://www.statista.com/statistics/1201302/cv-global-demand-volume/
IHS Markit, Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units) Statista, https://www.statista.com/statistics/1201302/cv-global-demand-volume/ (last visited May 19, 2024)
Projected demand for medium and heavy trucks and buses worldwide in 2020 and 2021 (in million units) [Graph], IHS Markit, December 22, 2020. [Online]. Available: https://www.statista.com/statistics/1201302/cv-global-demand-volume/