Logistics providers in the automotive sector have been warned to brace for one of the sharpest downturns in living memory.
There are fears the multiple effects of the coronavirus pandemic and Brexit spell a double-digit decline in vehicle sales this year.
According to new analysis from Transport Intelligence (Ti), the market is forecast to contract by 20.4% this year.
Global car sales are set to decline from 88m last year to 73m, with …

The post Auto logistics braces for triple-whammy of Covid, Brexit and new electric era appeared first on The Loadstar.

Source