Now, 1:23 p.m., Monday, April 23, 2012, CNBC says after the break they will have a short segment on exactly that story: the "bet" automobile companies are placing on China.
The Beijing Auto Show.
Phil:
- 8 - 10% growth this year.
- China still the largest auto market in 2012.
- But sales are slowing down
- Ford: down 13% in first quarter.
- But overall, automakers should do well.
- Compacts and sub-compacts: 50%.
- Prefer foreign brands, particularly European.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.