This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. All times below are in Eastern time. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 428,400
- Global deaths: At least 19,120
- US cases: At least 55,225
- US deaths: At least 802
The data above was compiled by Johns Hopkins University.
11:03 am: US auto sales expected to fall at least 15% this year due to the coronavirus
U.S. auto sales are expected to fall at least 15% this year as the country implements more aggressive restrictions to prevent the spread of the coronavirus, threatening an already-stressed autos industry, according to new research from IHS Markit.
The COVID-19 pandemic that has spread to nearly every country on the globe has forced a number of governments to implement drastic measures to slow its spread. This has posed the single biggest risk factor for the autos industry in years as consumer demand stalls, according to IHS Markit.