U.S. auto gross sales are anticipated to fall not less than 15% this yr because the nation implements extra aggressive restrictions to stop the unfold of the coronavirus, threatening an already-stressed autos trade, in accordance with new analysis from IHS Markit. 

The COVID-19 pandemic that has unfold to just about each nation on the globe has compelled a variety of governments to implement drastic measures to gradual its unfold. This has posed the one greatest danger issue for the autos trade in years as shopper demand stalls, in accordance with IHS Markit. 

IHS Markit forecasts 2020 U.S. auto gross sales to be 14.four million items, down by not less than 15.3% year-over-year. The worldwide auto gross sales forecast is predicted to say no greater than 12% from final yr to 78.Eight million items, in accordance with IHS Markit, which might be a bigger decline than the 8% drop through the Nice Recession a decade in the past.

"The worldwide auto trade is predicted...