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China Auto Sales Plunge In January; And February Could Be Much, Much Worse

China Auto Sales.....»»

Category: blogSource: zerohedgeFeb 14th, 2020

China"s February auto sales plunge 79%, biggest monthly drop ever

Auto sales in China plunged 79% in February, marking their biggest ever monthly decline, with demand pummeled by the coronavirus outbreak......»»

Category: topSource: reutersMar 12th, 2020

Collapsing China Car Sales Threaten Fate of US Manufacturers

Car sales in China fell sharply in January, and the spread of the coronavirus will make the figure much worse in February. That is bad news for Ford and General Motors......»»

Category: blogSource: 247wallstFeb 26th, 2020

China Auto Sales Bounce Back After Slow Winter

China vehicle sales in March were up 4.7% from a year earlier, an industry group said, a sharp acceleration from the 1.7% pace of January and February combined......»»

Category: smallbizSource: wsjApr 11th, 2018

China Car Sales Plunge Most In 7 Years Amid Global Auto Industry Meltdown

Car sales in China continued their relentless descent in January, falling 17.7%, as we recently expected would happen when discussing Europe's tumbling January auto sales. This follows the country'.....»»

Category: blogSource: zerohedgeFeb 18th, 2019

Adidas says worse to come as profits and sales plunge

Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and said it had not yet seen a full rebound in China. Ciara Lee reports......»»

Category: videoSource: reutersApr 27th, 2020

Adidas says worse to come as profits and sales plunge

Adidas warned of an even deeper hit to second-quarter sales and profits from coronavirus lockdowns after the German sportswear firm reported worse-than-expected first-quarter results and said it had not yet seen a full rebound in China......»»

Category: topSource: reutersApr 27th, 2020

March home sales drop 8.5% as sellers take properties off the market – and the coming months look worse

These sales figures are based on closings that represent contracts signed mostly in late January and February, before the coronavirus shut down so much of the economy......»»

Category: realestateSource: cnbcApr 21st, 2020

Apple iPhone sales plunge in China

Apple sold fewer than half a million smartphones in China in February as the coronavirus outbreak halved demand for all such devices. Fred Katayama reports......»»

Category: topSource: moneycentralMar 9th, 2020

China Car Sales Crash 80% As Virus Paralyzes Auto Industry

China Car Sales Crash 80% As Virus Paralyzes Auto Industry Car sales in China fell 80% YoY in February, the sharpest monthly decline in nearly two decades amid the Covid-19 epidemic kep.....»»

Category: blogSource: zerohedgeMar 4th, 2020

Coronavirus slows China’s property market to a crawl — and even the most robust real-estate app is no match

Bleak numbers for January sales are expected to be followed by even worse data for February......»»

Category: topSource: marketwatchFeb 18th, 2020

Coronavirus "Likely To Wreak Havoc" And Decimate February China Auto Sales

Coronavirus "Likely To Wreak Havoc" And Decimate February China Auto Sales Just days ago, we reported about a major inventory glut in the Chinese auto market due to the effects of the coronavirus on an industry that has already been mi.....»»

Category: blogSource: zerohedgeFeb 12th, 2020

Nissan"s China sales fell 12% in January as coronavirus epidemic weighs

Japanese carmaker Nissan said on Friday its sales in China, the world's biggest auto market, fell by 11.8% in January year-on-year, as the Lunar New Year holiday began earlier than usual and the outbreak of coronavirus stymied economic activity......»»

Category: topSource: reutersFeb 7th, 2020

China EV Sales Plunge In November Amid Turmoil In Global Auto Market  

China EV Sales Plunge In November Amid Turmoil In Global Auto Market   New electric vehicle (EV) sales i.....»»

Category: blogSource: zerohedgeDec 18th, 2019

China Auto Sales Post First Tepid Rise In A Year, But Only After Massive Discounts

Passenger car vehicles in China finally showed the first tepid sign of recovery after a historic and record-breaking plunge in the country over the last two years, according to The Business Times and preliminary data from t.....»»

Category: blogSource: zerohedgeJul 8th, 2019

Behind the plunge in China auto sales: chaotic implementation of new emission rules

Shanghai-based Buick dealer Ron Li in late April found himself in an unfamiliar quandary: how to sell off almost 80 sedans and sport-utility vehicles crowding up his dealership lot......»»

Category: topSource: reutersJul 1st, 2019

China Auto Sales Crash in February Amid Accelerating Industry Collapse

Just days ago, we reported that US auto sales had tumbled to 18 month lows.....»»

Category: blogSource: zerohedgeMar 8th, 2019

Ford appoints new China CEO to revive falling sales

Ford Motor Co said on Wednesday it had appointed a new head of its China operations to help turn around flagging sales in the world's largest auto market and fill a post vacated when the firm's previous China head abruptly stepped down in January......»»

Category: topSource: reutersOct 23rd, 2018

Ford appoints new China chief to tackle sales slump

Ford Motor Co has appointed a new head of China operations to help turn around flagging sales in the world's largest auto market, filling a post that had been vacant since January after the firm's previous China chief suddenly quit......»»

Category: topSource: reutersOct 23rd, 2018

Tesla China sales plunge 70 percent in October: auto industry body

Tesla Inc's vehicle sales in China sank 70 percent last month from a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker......»»

Category: topSource: reutersNov 27th, 2018

Auto group says Tesla"s China sales plunge; company"s shares slide

Tesla Inc's vehicle sales in China sank 70 percent last month from a year ago, the country's passenger car association told Reuters on Tuesday, underscoring how the Sino-U.S. trade war is hurting the U.S. electric carmaker......»»

Category: topSource: reutersNov 27th, 2018