Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (December Update)

Passenger Vehicle sales in China remain strong after the 50% reduction in the purchase tax on smaller vehicles at the end of September.  November sales were 23.7% higher than November 2014.  11 month YTD sales were +5.9%.  The long-term outlook remains mildly favorable due to the country’s low level of vehicle ownership and rising personal incomes. Commercial … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (December Update)

Advertisements

Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers

Passenger Vehicle sales in China rebounded in October to a year-over-year gain of +13.3% following a 50% reduction in the purchase tax on smaller vehicles.  10 month YTD sales were +3.9%.  The long-term outlook remains mildly favorable due to the country's low level of vehicle ownership and rising personal incomes. Commercial Vehicle sales in China … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers