Last post on Dec 07, 2012 at 10:29 PM
You are in the Automotive News & Views-Archives
What is this discussion about?
Buick, Automotive News
#17 of 36 Re: Toast [steve_]
Aug 24, 2012 (5:19 am)
Doesn't surprise me. China has a built a bunch on uninhabited cities in anticipation of people moving there. Wonder if they're looking at the U.S. as a place to dump all this garbage?
Aug 24, 2012 (5:52 am)
Talk about a housing glut. Crazy. (Realty Biz News)
#19 of 36 Re: Toast [steve_]
Aug 24, 2012 (5:59 am)
If those ghost cities aren't maintained, they will quickly fall apart. Any neglected property will quickly fall into disrepair. I'm sure if Chinese construction methods and quality are as suspect as their manufacturing quality, the decay will occur much more rapidly. China might find itself with a bunch of massive rapidly decaying slums. I'm sure there are PLENTY of poor Chinese living in primitive conditions. Why not tlet them live in these places to maintain them instead of letting these properties rot empty and exposed to the elements?
Aug 24, 2012 (6:14 am)
They can't afford to buy cars, much less afford to maintain those new housing units. But you're right, may as well let people live there instead of letting the elements wear them out. Most are probably too far from jobs for the poor people though.
#21 of 36 Re: Toast [lemko]
Aug 24, 2012 (6:53 am)
Looking to? They have been for some time.
I like the original article, "challenger to Detroit". Ha. I know the big 2.5 have been at their knees for awhile, but they aren't quite that dead yet. An economy built on glorified slave labor and a wildly corrupt embezzlement based public sector with shoddy dealings everywhere can only last for so long. The smart ones have been buying their way out for years.
Sep 05, 2012 (8:31 am)
"Swedish car maker Volvo Car Corp. on Wednesday warned that the auto boom in China appears over, as the company reported a sharp decline in operating profit for the first six months.
"The outlook for the second half of the year is difficult and it will be a challenge to maintain investments," Chief Executive Stefan Jacoby said in an interview.
Separately, General Motors Co. and its Chinese joint ventures said their auto sales rose 7.3% last month in a sign that larger car makers are still expanding."
Volvo Pares Output on China Slowdown (WSJ)
Oct 10, 2012 (5:20 am)
Ford and GM did well, but not the Japanese brands.
"A Chinese industry group says auto sales in September declined as customers avoided Japanese brands amid a dispute between Beijing and Tokyo over a group of uninhabited islands."
China auto sales fall as Japanese brands shunned (Detroit News)
#25 of 36 territorial dispute
by Stever@Edmunds HOST
Oct 16, 2012 (2:09 pm)
"GM will likely see an immediate increase in sales as Japanese automakers face a tough sell due to the current political dispute between China and Japan," Namrita Chow, a Shanghai-based analyst at IHS Automotive, said in an email.
"GM and (Volkswagen AG) are the best placed to ramp up models in dealerships and push further promotions to win customers who are cash-ready but reluctant to buy Japanese."
China-Japan dispute could give Big 3 boost (Detroit News)
#26 of 36 Re: territorial dispute [steve_]
by Stever@Edmunds HOST
Nov 05, 2012 (11:50 am)
"The dispute between Japan and China over island territory continued last month to benefit U.S. automakers.
Ford Motor Co. sales jumped 48 percent in October, and General Motors Co. sales increased 14 percent in China, the automakers said Monday.
Toyota's China sales in September and October were nearly sliced in half; Nissan Motor Co. sales dropped 41 percent last month."
U.S. automakers' sales up in China for October (Detroit News)