China Auto Sales Slid 8.2% Last Year

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After growing for decades, China’s auto market has been shrinking since July 2018

BEIJING—Auto sales in China were down 8.2% in 2019 from a year earlier, a second consecutive drop in the world’s largest auto market, once a reliable source of growth and profit.

A total of 25.8 million vehicles were sold last year, said the state-backed China Association of Automobile Manufacturers Monday. Sales in 2018 were off 2.8%.

 

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Our tariffs are killing China. We’ll have a deal this year.

When u adapt 2 climate change... things change...?

Why? All over Asia same trend. why car sales are falling - at such a drastic pace?

Time this madness stopped all cars must last at least forty years ffs the planet is boiling 🥵

Maybe they'll go back to their old tradition -- Bike ride .

𝐇𝐚𝐬 𝐀𝐦𝐞𝐫𝐢𝐜𝐚 𝐌𝐨𝐯𝐞𝐝 𝐎𝐧 𝐅𝐫𝐨𝐦 𝐓𝐫𝐮𝐦𝐩?

Yeah but the Electric Vehicle Market in China is skyrocketing otherwise Musk could not outpace Ford and GM combined as the WSJ is well aware.

👍🏼

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