Market & Industry
Amid Chinese auto lingering recession, 90% dealers lose money in H1, 30% probably to shut down
Gasgoo.com (Shanghai August 25) - As depression in Chinese auto industry worsening in the past seven months and foreseeable future, 30 percent dealerships might shut down in the near future on the basis that almost 90 percent dealers suffer deficit in the first half of the year.
Aug. 25 , 2015Foreign auto joint-ventures decline in China, while domestic automakers surge
Gasgoo.com (Shanghai August 21) - With slowing down growth pace of Chinese macro economy, an array of big foreign automakers announced sales slump in the country in the first half of the year.
Aug. 21 , 2015