Automotive manufacturers and parts suppliers – Global

OUTLOOK

Automotive manufacturers and parts suppliers – Global 2021 Outlook

2021 outlook stable on expectations of car sales recovery

In 2021, we expect global car sales to rebound from the trough of 2020, but the recovery will be uneven and unlikely to reach the previous cyclical peak recorded in 2018 any time soon.

Matthias Heck

Vice President - Senior Credit Officer, Corporate Finance
Moody's Investors Service

INFOGRAPHIC

Global Auto

Car sales to rebound after sharp downturn in 2020

While global auto unit sales will rebound from their coronavirus-fueled plunge in 2020, sales are unlikely to return to their previous annual peak of around 95 million units before mid-decade.

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