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Red Ponzi Sliding: Auto Sales Down 12 Straight Months & Off 12% In First Half
07-12-2019, 01:16 PM,
#1
Red Ponzi Sliding: Auto Sales Down 12 Straight Months & Off 12% In First Half
Red Ponzi Sliding: Auto Sales Down 12 Straight Months & Off 12% In First Half

Geely, China’s largest domestic automaker, disclosed that deliveries plunged 29% in June compared to a year ago, and that they’re down 15% in the first half. And it slashed by another 10% its already lowered forecast for deliveries for the whole year. This type of disclosure is now a regular feature of China’s dramatic auto […]


https://davidstockmanscontracorner.com/r...irst-half/
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