Young Research & Publishing Inc.

Investment Research Since 1978

Disclosure

  • About Us
    • Contributors
    • Archives
    • Dick Young’s Safe America
    • The Final Richard C. Young’s Intelligence Report
    • You’ve Read The Last Issue of Intelligence Report, Now What?
    • Dick Young’s Research Key: Anecdotal Evidence Gathering
    • Crisis at Vanguard
  • Investment Analysis
    • Bonds
    • Currencies and Gold
    • Dividend Investing
    • ETFs & Funds
    • Investment Strategy
    • Retirement Investing
    • Stocks
    • The Efficient Frontier
  • Investment Counsel
  • Dynamic Maximizers®
  • Retirement Compounders®
  • Free Email Signup

China’s Relentless Auto Sales Slowdown

May 16, 2019 By Young Research

By Michel Stevelmans @ Shutterstock.com

For ten straight months auto sales have fallen in China. April saw another sharp decline of 14.6% compared to the year before. Trefor Moss reports at MarketWatch:

Vehicle sales were down 14.6% year over year at 1.98 million, the government-backed China Association of Automobile Manufacturers said on Monday, as concerns over the Chinese economy’s growth prospects sapped consumer confidence. Sales had declined 11.3% in the first quarter of 2019, having fallen 12% and 9.6% in the two previous quarters, respectively.

Passenger-car sales were down 17.7% in April, while sales of commercial vehicles were flat.

The prolonged downturn has been a blow to global auto makers used to relying on China for growth. Ford Motor Co.’s sales in China declined 36% on-year in the first quarter of 2019, while General Motors Co.’s sales fell 18%.

Read more here.

Share this:

  • Email
  • Twitter
  • Facebook

You Might Also Like:

  • Will Tariffs Suck the Life out of Auto Sales?
  • Are Low Rental Sales Signaling the End of the Auto Boom?
  • Tech Slowdown? Will Chip Sales Improve?
  • Author
  • Recent Posts
Young Research
Latest posts by Young Research (see all)
  • Happy Memorial Day! - May 30, 2022
  • Happy Easter! - April 15, 2022
  • India and China Quietly Eschew Sanctions, Buy Russia’s Oil - March 24, 2022

Search Young Research

Most Popular

  • Here’s Why You Need a 15-Year Retirement Investment Plan
  • Why Work When Taxes Take It All?
  • Are Google, Amazon, and Microsoft About to Crash This Specialized Real Estate Market?
  • What Happens to Your Passwords When You Die?
  • Is the Great Job Boom Over?
  • Regulators' Bungled Attempts to Cut Emissions Drove Oil Prices Higher
  • RURAL RENAISSANCE: America Finds the Country Again
  • The Power of a Compound Interest Table
  • Your Survival Guy: Clearing the Decks, Buying a Boat, Seeing the World and More
  • Vanguard Wellesley (VWINX) vs. Wellington (VWELX): Which Fund is Best?

Don’t Miss

Default Risk Among the Many Concerns with Annuities

Risk and Reward: An Efficient Frontier

How to be a Billionaire: Proven Strategies from the Titans of Wealth

Could this Be the Vanguard GNMA Winning Edge?

Cryptocosm and Life After Google

Warning: Avoid Mutual Fund Year End Distributions

Is Gold a Good Long-term Investment?

How to Invest in Gold

Vanguard Wellington (VWELX): The Original Balanced Fund

What is the Best Gold ETF for Investing and Trading?

Procter & Gamble (PG) Stock: The Only True Dividend King

The Dividend King of the North

You’ll Love This if You’re Dreaming of an Active Retirement Life

RSS The Latest at Richardcyoung.com

  • For Investors Who Want to Stop Worrying About a Market Crash
  • Breaking News: House Election Update
  • WATCH: New York Governor Melts Down When Asked for Facts
  • Florida Is a Refresher Course in American Greatness
  • Should You Believe Ms. Hutchinson?
  • Biden’s Economy Even Weaker than Thought
  • A Cashless Society Is A Debacle for Americans
  • Time to Save, Troubles Dining Out, and Intelligence on Yellowstone
  • Democrats Running AWAY from Biden on the Campaign Trail
  • Touch Sensitive Robots Could Revolutionize Manufacturing

About Us

  • About Young Research
  • Archives
  • Contributors

Our Partners

  • Richard C. Young & Co.
  • Richardcyoung.com

Copyright © 2022 | Terms & Conditions

 

Loading Comments...
 

    loading Cancel
    Post was not sent - check your email addresses!
    Email check failed, please try again
    Sorry, your blog cannot share posts by email.