China auto sales post biggest drop in 7 years as growth engine stalls
Friday, 12 October 2018 () China's car sales fell the most in nearly seven years in September, stoking concerns the world's biggest auto market could contract for the first time in decades this year amid cooling economic growth and a biting trade war.
According to Business Insider, Ford’s sales in China have dropped in September. One reason for sales falling is President Donald Trump’s trade war with China. Another reason is the general slowdown in the Chinese economy. Data from the company shows that overall sales in China fell 43 percent...
China’s total automobile sales dropped by 11.6 percent to 2.39 million units in September, the steepest drop since January 2012, due to slowing economic... OilPrice.com - MarketsAlso reported by •Reuters India •BBC News •The Verge
Reuters has reported that in September, the U.S. saw the biggest drop in spending at restaurants and bars in nearly two years. Retail sales still managed to rise in September, though barely, thanks to..