Foreign Car Companies Face China Flop
Three years ago, China seemed so promising to foreign car companies. Annual sales of cars and light trucks passed those in the United States, which had been the largest market ...Read Full Story »
Posts related to ‘Toyota China sales’
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China’s Dying Car Market
The theory about the success of large global car manufacturers has been that as they lose sales ground in Europe, China should more than make up for the drop. The ...Read Full Story »
Media Digest (10/5/1012) Reuters, WSJ, NYT, FT, Bloomberg
The European Central Bank bailout pledge helps companies in the region to borrow inexpensively. (Reuters) Samsung makes a profit of $7.3 billion but says the next quarter will be weaker. ...Read Full Story »
Media Digest (4/6/2012) Reuters, WSJ, NYT, FT, Bloomberg
A federal judge approves a $25 billion mortgage misconduct settlement between the federal and several state governments and Bank of America (NYSE: BAC), Citigroup (NYSE: C), Wells Fargo (NYSE: WFC), JP ...Read Full Story »
One More Car Company’s Risky Bet on China
One more foreign car company will take the chance that the Chinese auto market, the world’s largest, will continue to expand. But car sales have not grown in the past year, and signs ...Read Full Story »
GM and the Folly of Long-Term Plans in China
General Motors (NYSE: GM) management says it will double sales in China by 2015, according to several media reports. GM executives should know better. It would be better to underpromise ...Read Full Story »
China’s Car Market Slows to a Halt
China was supposed to be the salvation of the global auto manufacturing business as sales in the U.S. and Europe have slowed in the past half decade. Now, the China ...Read Full Story »
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