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

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

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......»»

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......»»

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'.....»»

US Retail Sales Collapse In February, Online Sales Plunge After the huge surge in January, analysts expected retail sales .....»»

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......»»

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......»»

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......»»

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......»»

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.....»»

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

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.....»»

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......»»

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

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.....»»

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......»»

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

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......»»

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......»»

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......»»