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China’s passenger car sales tumble 92% in first half of February due to virus outbreak

 
Anonymous Coward
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02/21/2020 03:40 PM
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China’s passenger car sales tumble 92% in first half of February due to virus outbreak
[link to www.cnbc.com (secure)]

Retail sales of passenger cars in China crumbled 92% on an annual basis in the first 16 days of February, according to China Passenger Car Association (CPCA), as the coronavirus outbreak slammed the brakes on businesses across the country.

China’s passenger vehicle sales recorded 4,909 units in the first 16 days, down from 59,930 vehicles in the same period a year earlier, data from CPCA showed, the first major figures to demonstrate just how hard the epidemic is hitting the world’s biggest auto market.
Anonymous Coward (OP)
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02/21/2020 03:40 PM
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Re: China’s passenger car sales tumble 92% in first half of February due to virus outbreak
FORD is in serious trouble this time.





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