Post Tagged with: "drop"

Read By

China: Ford sees rising prospects on the long run

China: Ford sees rising prospects on the long run

Ford, the second largest US automaker, has retained a “bullish on China” attitude even as the sales have turned negative over the past two months, according to the automaker’s chief of global purchasing. China this week just started the devaluation of its currency, stirring up even greater concerns among investors […]

China: July sales drop to 17-month low

China: July sales drop to 17-month low

Chinese consumers fearful of the slowing economy and harassed by the stock market rout extended the slowdown in the world’s largest auto market in July, with retail sales sliding 2.5 percent. The tally was the worst for passenger vehicles over the past 17 months as demand was not reignited by […]

Toyota is not confident China will remain profitable

Toyota is not confident China will remain profitable

Toyota Motor Corp., the largest Japanese company and the (interim) second largest automaker in the world, said recently it “can’t be optimistic” about having its Chinese operations profitable this year. China, the world’s largest auto market, has recent forced the Japanese carmaker to lower prices and increase buying incentives offered […]