Tony Sagami - Veteran investment advisor and a leading expert on Asian markets.

Auto sales in China dropping fast

by Tony Sagami on December 11, 2008

in Asian Market, Stock Market in China

The sales manager at a Beijing Buick dealership had this to say about his business.

“We used to sell 120 to 150 cars per month at this store. But starting from November, the number has shrunk to90.”

This link to a Time magazine article is an interesting read about consumer confidence in China.

Leave a Comment

I agree to the Terms and Conditions of this Website.

Previous post:

Next post: