China's Economic Stutter: A Wake Up Call for Global Car Makers The recent economic slowdown in China has been making headlines, but what does it mean for the global automotive industry?
The Chinese economy, which accounts for a significant portion of global car sales and production, is showing signs of strain.
Retail sales growth trailed expectations, industrial output expansion slowed, and investment dropped. Retail sales growth was particularly disappointing, with July sales rising by just 0. 6%, missing the predicted 1.