Auto industry in deep doo-doo

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ericbarbour
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Auto industry in deep doo-doo

Post by ericbarbour » Mon Jun 03, 2019 1:05 am


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The End
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Re: Auto industry in deep doo-doo

Post by The End » Mon Jun 03, 2019 2:06 am

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?
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Re: Auto industry in deep doo-doo

Post by CrowsNest » Mon Jun 03, 2019 11:11 am

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.

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