What kind of stimulus do China’s half-idle car assemblies need to restart stalled sales in the world’s largest vehicle market?

//What kind of stimulus do China’s half-idle car assemblies need to restart stalled sales in the world’s largest vehicle market?

What kind of stimulus do China’s half-idle car assemblies need to restart stalled sales in the world’s largest vehicle market?

Word got around last week – while the Auto Shanghai 2019 trade show was in full swing – that China’s economic planning agency was mulling an easier process for drivers to obtain licences in the world’s largest vehicle market.The speculation sent the share prices of carmakers soaring, on hopes that the liberalised procedure would spur drivers to become owners, help clear out showrooms and stem nine consecutive months of declining sales. At least three automotive stocks jumped by their 10 per…

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By | 2019-04-20T00:00:09+00:00 April 20th, 2019|Business|Comments Off on What kind of stimulus do China’s half-idle car assemblies need to restart stalled sales in the world’s largest vehicle market?