Market Cap of the World`s Five Largest Automobile Manufacturers Plunged by $63bn in 2020

Market Cap of the World`s Five Largest Automobile Manufacturers Plunged by $63bn in 2020
The COVID-19 pandemic has had a severe impact on the global automotive industry, causing supply chain disruptions and factory closures. All of this placed intense pressure on the market already coping with a downshift in global demand. According to data presented by BuyShares.co.uk, the market capitalization of the world's five leading automobile manufacturers plunged by $63bn amid coronavirus crisis, falling from $426.5bn in December 2019 to $363.5bn last week. Volkswagen Group and Toy...

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