Bloomberg Originals
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Automakers Attempt to Swerve Headwinds from China
Posted
September 15, 2015
Views
505
Likes
6
Engagement
1.19%
September 15, 2015
505
6
1.19%
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2:55Now PlayingSetpember 15 -- As automakers attempt to outdo one another at the Frankfurt IAA Auto Show, there is mounting optimism on new-vehicle volume growth in Europe. However, there is still widespread concern about China, which may pressure earnings, after industry sales in June had the first year-over-year decline since 2013. A total of 1.42 million automobiles were sold in the country last month, a year-on-year decrease of 3.39 percent.
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