COTD: China Car Sales Collapsing
COTD = Chart of the Day
China
China Begins To Subsidize Auto Purchases To Revive Collapsing Sales
A China Automobile Dealer’s Association poll shows that dealers predict a drastic drop in sales of 50% to 80% this month, compared to February 2019. 70% of dealers have said they have seen “almost no customers” since the end of January. As China remains on lockdown due to the coronavirus, some Chinese cities are beginning …
The Global Supply & Demand Shock Of The Coronavirus
Author: Gary Evans Our analysis of the impact of the Coronavirus is a work in progress and nobody knows the endgame. It is still the early days of the epidemic, and its dynamics will take time to understand. The scale of the impact will depend on how contagious and lethal it reveals itself. There is …