Auto industry cautious about China's sluggish market at start of decade

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China's auto market is likely to shrink for the third year in a row in 2020...

BEIJING/SHANGHAI - China’s auto market is likely to shrink for the third year in a row in 2020, the country’s top auto body is expected to say on Monday, but industry watchers are cautiously hoping a sales recovery in lower-tier cities ease the pace of decline.

The drop in car sales is expected to be milder than last year, when sales were pressured due to new emission standards in a broader economy that was both shrinking and under attack amid a trade war with the United States.

 

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China's auto Industry is just fine. But the definition of auto, has shifted to EVs. You don't sell EVs, you go bankrupt, it's that simple. 👍

Who the hell cares about the Evil Empire of China!! They are slaughtering protesters in Hong Kong and committing genocide against the Uyghur’s. HKProtests China_is_terrorist The AutomotiveIndustry doesn’t give a crap about the HumanRightsViolations occurring by the CCP

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