Coronavirus whacks the auto market
Subscribe to keep reading.
Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.
Already a subscriber? Log in.
One part of the economy that we know is getting wholloped by virus-related shutdowns is the auto market.
The latest numbers are grim (Eastmoney):
“In January, China’s automobile sales volume was 1.9 million, down 18% year on year.”
That’s the biggest monthly y/y drop on record, and thin...