Lockdowns are necessary to control the spread of Coronavirus. But lockdowns have a huge economic cost. In the short term, lockdowns tend to adversely impact economic growth. However the short-term pain is nothing compared to the long-term economic growth that awaits. In addition, lives are also saved with stringent lockdowns. Countries that have understood this …

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The European Union(EU) is the one of the major exporters of passenger automobiles. In 2019, 5 million cars were exported by the EU worth €124.6 billion according to ACEA. The top market for European cars was the US followed by China and Japan. Destinations for European Union Passenger Car Exports by Unit Volume: Click to …

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The auto industry is one of the important and major industries not just in the US but also in Europe as well. The European auto industry is recovering slowly this year from the effects of the pandemic. In September, the EU passenger car market registered the first increase of the year with registrations increasing by 3.1% relative …

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