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Auto industry in deep doo-doo

PostPosted: Sun Jun 02, 2019 5:05 pm
by ericbarbour

Re: Auto industry in deep doo-doo

PostPosted: Sun Jun 02, 2019 6:06 pm
by The End
I think the threats from China on withholding rare earth metals will definitely hurt the hybrid/electric car market. My Tesla stock might be worthless. Then, there's the cars and car parts that come from Mexico that might get hit with retaliatory tariffs. I wonder what car companies will be left?

Re: Auto industry in deep doo-doo

PostPosted: Mon Jun 03, 2019 3:11 am
by CrowsNest
Don't worry, Wikipedia is ON IT.
In the half-year from January to June 2014, the UK had its best year in new car sales in 9 years. 1.28 million new cars were sold during the period, a rise of 10% compared to the same period in 2013.[citation needed] In 2014, more than 1.5 million cars were produced, the highest since 2007.[80]
That's the last line in the "History" section of their "Automotive industry in the United Kingdom" article.

Check out the "MAX" timeline graph here....

https://tradingeconomics.com/united-kin ... production

We're well on the way to returning to 2008 crash levels, if not already.

Still to hit are the closure of a Honda plant, producing 150,000 Civics a year.