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

Passenger Vehicle sales in China were 11.3% higher in May than one year ago.  Year over year comparisons should remain favorable in coming months due to the slowdown last summer.  The long-term outlook remains mildly positive due to the country’s low level of vehicle ownership and rising personal incomes. Commercial Vehicle sales in China continued their rebound … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (May Update)

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

Passenger Vehicle sales in China were 6.6% higher in April than one year ago.  Year over year comparisons should remain favorable in coming months due to the slowdown last summer.  The long-term outlook remains mildly positive due to the country’s low level of vehicle ownership and rising personal incomes. Commercial Vehicle sales in China continued their rebound … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (April Update)

Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (1Q16 Update)

Passenger Vehicle sales in China remain strong after the 50% reduction in the purchase tax on smaller vehicles at the end of September.  1Q16 sales were 6.8% higher than last year.  The long-term outlook remains mildly favorable due to the country’s low level of vehicle ownership and rising personal incomes. source: autoinfo.org.cn Commercial Vehicle sales in China in … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (1Q16 Update)

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

Passenger Vehicle sales in China remain strong after the 50% reduction in the purchase tax on smaller vehicles at the end of September.  December sales were 18.3% higher than December 2014 and full year 2015 sales were +7.3%.  The long-term outlook remains mildly favorable due to the country’s low level of vehicle ownership and rising personal incomes. … Continue reading Impact of Recent Vehicle Sales Trends on US Listed Chinese Auto Suppliers (January Update)

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)

Chinese ADR Buyouts in Progress (Update)

Stabilization of the Chinese domestic markets has improved prospects for completion of a majority of the ADR buyouts announced this year.  In the past week shareholders approved the buyout of Shanda Games (GAME) and the buyout was Sungy Mobile (GOMO) was approved and closed. The CSI 300 market cap weighted index of the 300 largest … Continue reading Chinese ADR Buyouts in Progress (Update)

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