LOLOLO WHYYYY don't bring up Texas?
So, just a reminder : here we talk about the reason why the car manufacturing /sales slow down in China.
Now, the resoning was "because Chian doesn't need the car ownership level like Texas".
I have to say that it is fair, so let compare it to SK, that country has higher population density and similar cultural background than Texas.
Now, SK has three times higher population density, if we correct it for different geography it is still higher than China.
The car ownership level three times higher than in China.
So NO, the drop in car sales is NOT because of changing preferences, but lack of purchasing power.
"The world right now is shifting from conventional vehicles to EV and/or hybrid energy vehicles. It is still a relatively new concept and these cars are improving rapidly compared to conventionally-fueled vehicles, which are very mature technology. What happens right before the new iphone or Samsung or Huawei comes out? Sales of the current models drop off in anticipation for improvement. This drop in sales can in no way be interpreted as under-performance or economic disaster for the company.
Chinese car ownership is on the Uruguay level, so there is no replacement ,like in the case of phones, but to buy the first car.
So, your reasoning doesn't hold water, without even considering that the cars that you dreaming doesn't exist, and those cars doesn't bring any benefit compared to the carbohydrates from the standpoint of usability. And this wasn't true in the case of phones around 2016.
Yes, because every economy going into recession.Car sales are basically declining in every major economy around the world now. I believe another factor is that with the maturation of traditionally-fueled vehicle technology, the cars of today are lasting longer than the cars of the past and that is causing the replacement rate to drop."
The "alternative" drive trains decrease the usability and cost of cars, not increase it. So any change in sales can not be contributed to that. The main driver behind EV is the legalisation, not market need.
(remark : the first car that reached the 100km/hour speed 100 years ago was an electric car).
I like chicken, but visibly the Chinese likes pork.Then why did you quote that article?? That is an article that YOU cited as your evidence and when I told you what it said (right in the title), you called it lame. You just can't stop slapping yourself in the face, can you?
And it doesn't matter what you think is a "lame explanation" because that's a fact and it's also a government initiative. You think everyone who eats salad and seafood is because they're too poor to eat pork? Your explanation is the stupidest one of all. It's not just unlikely; it's not possible.
Why is pork so important to you? Do you have a pork fetish or something? How about beef and seafood? Don't like those? They don't count as food? LOL
Anyway, China average level of living is waaay bellow of the Polish level, so there is still lot of room to improve the quality of food that the average Chinese buy.
There is a lot of improvement until China reach the level where they fight against overweight due to the excessive calorie intake. You know, going for healthy food and stuff like that.
So what ? The in the USA quarter over quarter in the second quarter this year.
"As the world anticipates when the supercharged shopping day will hit a ceiling, sales are already cooling. The final total of 2018 represents a 27 percent increase from last year. That’s the lowest Alibaba has seen in the history of Singles’ Day sales, and a drop from 36 percent in 2017 — still, it remains impressive given how large the target is each year."
It showing that the online retail chain getting stronger and more mature, but doesn't give indication about the overall retail market.
I am sure about that in China there are lot of crick retailers that going into bankruptcy, due the the online competition.
Please , check the data and chain of logic prior of dumping your emotions onto the forum.