China car sales fall for the first time in 20 years

[Darwin]

https://www.bbc.com/news/business-46809867
"Car sales in China, the world's biggest vehicle market, have seen their first annual fall in twenty years.
"Sales fell 6% to 22.7 million units in 2018, according to the China Passenger Car Association (CPCA).
The deceleration comes amid a slowdown in China's economy which has hit performance at car manufacturers around the world.
The news comes after Apple warned that sales would be hit by slowing iPhone demand in China.
Meanwhile, the country's most successful carmaker, Geely, is forecasting flat sales this year.
Foreign car makers such as Ford, Volkswagen, Jaguar Land Rover and General Motors have all reported falls in sales over the last few months in China.
The China Association of Automobile Manufacturers (CAAM), a government-backed industry group, last month blamed the sales slowdown on economic shifts and "international reasons", referring to China's trade war with the US."

So the iPhone sales fall is not isolated. The chinese economy is staggering at a massive scale.
But the growth figures at year end will somehow manage to be exactly as prophesied.

 

[zectech]

There is not anything new here. All this has been known.

China’s car sales drop for sixth straight month with November’s 18 per cent decline a further sign of slowing economy

• Annual figures for 2018 look set to show a first decline in at least two decades
• BMW AG and Daimler AG have already warned about lower profits, while Jaguar Land Rover have been forced to temporarily close a factory

Car sales in China plunged for a sixth consecutive month, intensifying pressure on global carmakers that have staked their future growth on the world’s largest car market.

With the trade war with the US showing no signs of abating, and slumping stocks weighing on consumers’ purchasing power, the market that global carmakers have relied on for growth since the 1990s now risks an extended decline.

https://www.scmp.com/economy/china-...s-drop-sixth-straight-month-novembers-18-cent

This jewish war on China has caused 1T in losses in Chinese stocks. The rich are smartly, not buying European and Amerikan products from zionist countries waging a trade war on China.

The Chinese are even going as far as smashing their iPhones in protest of this zionist/jewish/trump (trump has only jewish grandchildren) war on China.

Why buy expensive junk from individuals who want every Chinese dead, so BDS zionist Amerika.

trumpstein on the Chinese:

trump hates the success of China because they are not all slaves like in Amerika. China cares about the Chinese people and are a land of liberty. Amerika is the land of lies.

For following a UN resolution in trading with Iran, and following the JCPOA, a Chinese citizen was kidnapped in Canada.

BTW, anyone know why a poll asking if jews and trump were to blame for the Turkish economic woes has vanished from PDF. And a majority on the forum believed the Turkish economy was being attacked by outside forces. I can't find that thread. Anyone know why such a thread would disappear?

 

[Darwin]

There is not anything new here. All this has been known.

China’s car sales drop for sixth straight month with November’s 18 per cent decline a further sign of slowing economy

• Annual figures for 2018 look set to show a first decline in at least two decades
• BMW AG and Daimler AG have already warned about lower profits, while Jaguar Land Rover have been forced to temporarily close a factory

Car sales in China plunged for a sixth consecutive month, intensifying pressure on global carmakers that have staked their future growth on the world’s largest car market.

With the trade war with the US showing no signs of abating, and slumping stocks weighing on consumers’ purchasing power, the market that global carmakers have relied on for growth since the 1990s now risks an extended decline.

https://www.scmp.com/economy/china-...s-drop-sixth-straight-month-novembers-18-cent

This jewish war on China has caused 1T in losses in Chinese stocks. The rich are smartly, not buying European and Amerikan products from zionist countries waging a trade war on China.

The Chinese are even going as far as smashing their iPhones in protest of this zionist/jewish/trump (trump has only jewish grandchildren) war on China.

Why buy expensive junk from individuals who want every Chinese dead, so BDS zionist Amerika.

trumpstein on the Chinese:

trump hates the success of China because they are not all slaves like in Amerika. China cares about the Chinese people and are a land of liberty. Amerika is the land of lies.

For following a UN resolution in trading with Iran, and following the JCPOA, a Chinese citizen was kidnapped in Canada.

the country's most successful carmaker, Geely, is forecasting flat sales this year

Why are geelys sales flat if western products are being boycotted ? They should have risen with the chinese going all patriotic.

 

[zectech]

Ask Iraq how sanctions and economic warfare hurt people:

Ask the North Koreans on how sanctions and economic warfare hurt them.

Economic warfare, preventing nations from trading is a type of genocide. How do you support a family when you have no job. No job, no food for kids or no getting married = genocide.

 

[nahtanbob]

https://www.bbc.com/news/business-46809867
"Car sales in China, the world's biggest vehicle market, have seen their first annual fall in twenty years.
"Sales fell 6% to 22.7 million units in 2018, according to the China Passenger Car Association (CPCA).
The deceleration comes amid a slowdown in China's economy which has hit performance at car manufacturers around the world.
The news comes after Apple warned that sales would be hit by slowing iPhone demand in China.
Meanwhile, the country's most successful carmaker, Geely, is forecasting flat sales this year.
Foreign car makers such as Ford, Volkswagen, Jaguar Land Rover and General Motors have all reported falls in sales over the last few months in China.
The China Association of Automobile Manufacturers (CAAM), a government-backed industry group, last month blamed the sales slowdown on economic shifts and "international reasons", referring to China's trade war with the US."

So the iPhone sales fall is not isolated. The chinese economy is staggering at a massive scale.
But the growth figures at year end will somehow manage to be exactly as prophesied.

iphone pricing dampens the sales. $1000 for a smartphone is excessive

 

[zectech]

Car sales were falling as Chinese GDP was rising at a higher rate than many countries with growing auto sales. So this is not effecting the GDP numbers that are staying as they have been.

Westerners have been diabolically giddy about a Chinese economic downturn. They are waiting for China to collapse.

Chinese people would be smart to stop all purchases of foreign goods, until things have returned to normal.

 

[Darwin]

Car sales were falling as Chinese GDP was rising at a higher rate than many countries with growing auto sales. So this is not effecting the GDP numbers that are staying as they have been.

Westerners have been diabolically giddy about a Chinese economic downturn. They are waiting for China to collapse.

Chinese people would be smart to stop all purchases of foreign goods, until things have returned to normal.

So your logic is that a higher gdp growth in China is going to impact car sales ? Too complex for Me.
Usa has 850 cars per 1000 ppl.
China has 150 cars per 1000 ppl.

And your car sales are contracting by 6%.
The future is not bright.

 

[atan651]

Good! Lower sales means less air pollution.

 

[Darwin]

Good! Lower sales means less air pollution.

Factories pollute more. China should relocate most outside the country.

But seriously, car sales are a barometer of the economies health.

 

[艹艹艹]

Factories pollute more. China should relocate most outside the country.

where？？？？India？？US?

 

[chengdusudise]

very good news.30millions car sales per year is really crazy!we do not have fresh air now. those foreign companies will suffer a lot due to their over investment in past several years