Ford's vehicle sales in China tumble for third consecutive year

14 Janvier, 2020, 00:42 | Auteur: Auguste Feret
  • Ford's vehicle sales in China tumble for third consecutive year

After two decades of explosive growth, China suffered its first annual decline in vehicle sales in 2018, because the turmoil with President Donald Trump and slowing economic growth led consumers to postpone major purchases.

After a three-month transition period that ended on June 25 previous year, local governments stopped subsidizing purchases of NEVs other than new energy buses and fuel cell vehicles, resulting in sharper declines of NEVs sales in the latter half of 2019.

Alan Kang, senior analyst at LMC Automotive, predicted modest sales growth of 0.05% this year.

China's auto sales continued to decline past year as demand retreated in the world's biggest auto market, data from an industry association showed Monday. It saw sales double in the first 11 months previous year to more than 38,000 units, according to LMC Automotive.

The automaker plans to launch greater than 30 new fashions in China over the subsequent three years, of which over a 3rd can be electrical automobiles. "The easing of trade tensions between China and the United States has also helped restore consumer confidence", he said.

CAAM, affirming its forecast announced last month, also said auto sales declined for the 18th consecutive month in December.

Sales of electric and gasoline-electric hybrid sedans and SUVs in 2019 sank 4 percent over a year earlier to 1.2 million.

Justin Bieber desperately seeks to reach # 1 with "Yummy"
Nonetheless, this doesn't please everybody, some are satisfied that Justin Bieber makes use of their notoriety to shine extra. This is because a publication is quite mysterious Scooter Braun, manager of Justin , that the fans have started to speculate.

Buffalo hosts Vegas after Rodrigues’ 2-goal game
Dubois made it 2-0 early in the second period with his 15th goal of the season, shifting Scott Harrington's drive from left field. David Savard, who ranks fifth in the league with 98 blocked shots, came up with five huge blocks to assist Merzlikins in the win.

Taïwan : Tsai Ing-wen réélue sur fond de tensions avec Pékin
Déjà fin décembre, Pékin a envoyé dans le détroit de Taïwan le " Shandong ", son premier porte-avions de conception 100% chinoise.

The industry ministry said over the weekend that China will not make significant cuts to subsidies for NEVs this year, which reassured carmakers.

But global automakers have been cautious with their predictions after cutting back production, shutting factories and firing staff previous year.

The latest fall, however, was slower than the 37% weathered in 2018, and the automaker said it saw its market share stabilise in the high-to-premium segment.

"We expect the market downturn to continue in 2020, and anticipate ongoing headwinds in our China business", said Matt Tsien, GM executive vice president and president of GM China. While that was an improvement from 2018's 36.9 percent decline, the total number of vehicles sold was less than half of the 1.27 million figure reached in its peak year of 2016.

The U.S. auto manufacturer delivered 146,473 autos in China in the fourth quarter, down 14.7% annually, Ford mentioned in a statement.

"The pressure from the external environment and downward trend of the industry volume will continue in 2020, and we will put more efforts into strengthening our product lineup with more customer-centric products and customer experiences to mitigate the external pressure and improve dealers' profitability".


  • Trump can raid $3.6bn of defence funds for wall, court rules

    Trump can raid $3.6bn of defence funds for wall, court rules

    We know that the lower courts are full of judicial activism. "This is all about the separation of powers", Parker said . So there's nothing that we're trying to hide here, we're very transparent about it.
    Crisis on Infinite Earths promotional posters

    Crisis on Infinite Earths promotional posters

    The futility of the situation is exacerbated by the disappearance of The Flash (guest star Grant Gustin). Meanwhile, the origin stories of the Monitor (LaMonica Garrett) and the Anti-Monitor are revealed.
    With the 'demons' purged away, Maxwell revels in better game awareness

    With the 'demons' purged away, Maxwell revels in better game awareness

    The two Australia legends will captain the teams in the Bushfire Cricket Bash to be played as a curtain-raiser to the Big Bash League final on 8 February.
  • Father and two young children swept away by wave on shore

    Police who arrived on the scene found Stiles struggling to get out of the water, while his daughter was further out in the ocean. Coast Guard rescuers continued to look for the boy, spending almost five hours scouring the ocean Saturday afternoon.
    Great Britain knocked out of ATP Cup by Australia

    Great Britain knocked out of ATP Cup by Australia

    But they fought back so strongly from that agonising defeat against Bulgaria that they ended up topping Group C. Facing a match point in the doubles draw, he removed a back-to-back victor from a service down a narrow gap.
    ESPN Prepared To Make Tony Romo Highest-Paid Sportscaster In History

    ESPN Prepared To Make Tony Romo Highest-Paid Sportscaster In History

    ESPN is prepared to make him the highest-paid ever in the business, according to Mike McCarthy of Front Office Sports . If signed by ESPN, Romo could succeed Booger McFarland as the analyst on " Monday Night Football ", said sources.
  • Passenger Hurts United Airlines Attendant, Injures 6 Officers

    Passenger Hurts United Airlines Attendant, Injures 6 Officers

    When a flight attendant tried to calm him down, he allegedly attacked her, and later stormed at law enforcement officials. When the plane stopped and the door was opened, 28-year-old Matthew Dingley, of NY , charged at Port Authority officers.
    Pakistan court annuls Musharaff's death sentence

    Pakistan court annuls Musharaff's death sentence

    He finally resigned in August 2008 in the face of impeachment proceedings by the new governing coalition and went into exile. A controversial figure in Pakistan, Musharraf was general and army chief when he seized power in a bloodless coup in 1999.
    San Francisco 49ers Now Favored To Win Super Bowl After Ravens Eliminated

    San Francisco 49ers Now Favored To Win Super Bowl After Ravens Eliminated

    They have also now won 5 straight in their own building, so home field might finally mean something in this postseason. Running back Damien Williams also scored three touchdowns, two off short rushes. "Those guys did very well".
  • Oscars Shut Out Women in Best Director Category Again

    Oscars Shut Out Women in Best Director Category Again

    Irish eyes will once again be on Saoirse Ronan when the Oscar nominations are announced in the United States at lunchtime. It's a odd trend in how these ceremonies have gone, as Little Women is being recognized, but Gerwig is not.
    La Tunisie qualifiée aux Jeux olympiques de Tokyo 2020 — Volley-ball

    La Tunisie qualifiée aux Jeux olympiques de Tokyo 2020 — Volley-ball

    Après une victoire très importante hier face à l'Egypte , la Tunisie affrontera ce soir l'Algérie , son unique concurrent pour la qualification.
    Cory Booker Drops Out Of White House Race

    Cory Booker Drops Out Of White House Race

    Despite long-standing ties to Wall Street and Silicon Valley, he raised far less campaign cash than many of his opponents. The impeachment trial against President Donald Trump would find him in Washington rather than appealing to Iowa voters.


PSG and Monaco prepare for round two of Ligue 1 fighting
Neymar admits that he wants to play both Copa America (12 June-12 July) and the Olympic Games (22 July-8 August) this summer. Lecomte reacted well to keep out Neymar's shot early on in an even second half.

A feud is brewing between Warren and Sanders ahead of Iowa
Warren told reporters Sunday that factionalism impacted the Democratic Party in 2016, and a repeat would not bode well for 2020. Sanders did not discuss the parts of the script, which criticize other candidates, such as Biden.

Queen Elizabeth speaks out on Harry and Meghan after emergency meeting
The couple have already faced criticism for the perception they plan to "monetize" their royal title, Berthelsen said on Monday. Meghan arrived back in Canada last week to be with the couple's baby son Archie.

Coupe d'Europe de rugby : Clermont et Toulouse filent en quarts
Malmenés en début de match, les coéquipiers de Morgan Parra ont pris l'ascendant en 2 période. Arthur Iturria a ensuite quitté le terrain en raison d'une blessure à une épaule.

Flu Leaves Four Year Old Iowa Girl Blind | 1040 WHO
The flu season normally starts towards the end of the fall, but seasonal influenza is reportedly starting much earlier this year. Phillips wrote on Facebook on the first night of her daughter's home: "My fearless girl who can't see but is loved by so many".

Abby Huntsman Leaving ‘The View’ To Help Her Dad Run For Governor
Abby Huntsman announced she won't be co-hosting " The View " alongside Joy Behar any longer. We will miss her warm presence at the studio both at the table and behind the scenes.

92nd Oscar nominations announcement scheduled for Monday morning
Meanwhile, Parasite , a thriller by South Korean director Bong Joon Ho , received six nominations , including Best Picture. The first film produced by Barack and Michelle Obama, "American Factory", is in the hunt for best documentary.

Heartburn medicine recalled: Ranitidine mediciations might contain impurity
According to FDA, Mylan has not received any reports of adverse events related to these batches. It can be unintentionally introduced into manufacturing through certain chemical reactions.

Newspaper: US, China agree to semi-annual talks
The main event of the week will be the signing of the Phase 1 trade deal between the United States and China on Wednesday. China is now America's largest goods trading partner with $635.4 billion in total (two way) goods trade during 2017.

Afghanistan: deux soldats américains tués dans l'explosion d'une bombe artisanale
L'attaque est intervenue alors que les États-Unis et les Taliban n'ont toujours pas repris leurs discussions sur un accord de retrait des forces américaines du pays.