by Wolf Richter, Wolf Street: “Challenging environment with weakened consumer demand”: This nosedive in a vast industry, affecting consumers and manufacturing, is happening even as GDP officially booms at 6%? China’s market for new passenger vehicles, the largest in the world, turned into a mess in 2018, the first annual decline in the data going […]

The post China’s Consumers Slam Automakers, Sales Drop Hard, 2nd Year. GM Sales Plunge. Ford Sales Collapse. But Luxury is Hot appeared first on SGT Report.

https://www.sgtreport.com/2020/01/chinas-consumers-slam-automakers-sales-drop-hard-2nd-year-gm-sales-plunge-ford-sales-collapse-but-luxury-is-hot/" target="_blank">Read More . . .

| | | Tweet