Auto industry in deep doo-doo

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Auto industry in deep doo-doo

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

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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.... ... 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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