Seeking Alpha

Chinese automakers lose market share at home

  • Geely Automobile predicts deliveries in 2014 will rise 6% to 580K, a mark which falls below the forecast by the China Association of Automobile Manufacturers for a 8% to 10% rise in China
  • Chinese automakers lost market share to General Motors (GM) and Ford (F) at home last year with their models not quite as competitive and could slip further in 2014.
  • Overall, domestic sales in China are expected to top 22M vehicles in 2014.
Comments (3)
  • Engineer&Far
    , contributor
    Comments (122) | Send Message
     
    Let's hope the Chinese government doesn't react to this by 'suppressing' the barbarians. They have been xenophobic...for thousands of years.
    14 Jan 2014, 10:48 AM Reply Like
  • Flylooper
    , contributor
    Comments (8) | Send Message
     
    "Overall, domestic sales in China are expected to top 22M vehicles in 2014."

     

    22 million in one freaking year? Good Lord. We're all screwed.
    14 Jan 2014, 11:36 AM Reply Like
  • cbroncos
    , contributor
    Comments (1204) | Send Message
     
    Why are we all screwed? China has billions of people, not millions like the USA. 22 million out of 2 billion is not a lot. Ford understands that and that is why the big cap ex.
    14 Jan 2014, 02:49 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs