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Automobile industry analysts in China expect the market for vehicles to only grow between 5% and...

Friday, January 4, 6:54 AM ET
Automobile industry analysts in China expect the market for vehicles to only grow between 5% and 10% in 2013 with a slowing economy and higher fuel costs still a drag on demand. Initiatives by local governments to curb car sales in an effort to ease traffic concerns could also stall the ambitious plans of General Motors (GM) and Ford (F) in the nation, while Japaneses automakers (NSANY.OB, HMC, TM) have even larger concerns with a public backlash due to a territorial dispute still a major factor.

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This news story has 4 comments:

Ralph K Comments (34)

I always wonder why 5% to 10% growth is such a bad deal . Also , if the Japanese automakers will suffer to a larger degree isn't this a positive sign for companies such as Ford ? ( perhaps you should look at Ford's Oct. and Nov. increases ). I am long F . I also wonder what happened to all the wise investors who liked F but were waiting for it to drop to the $8.00 range before jumping in. It still might go back down, nothing is for sure except if you are holding an ace and a 10 at a blackjack table , there is a chance you might not win , but for sure you will not lose the hand .

4 Jan, 08:54 AM Reply Like