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Tag: slowdown
China slowdown slams brakes on auto market
2015-09-24 02:36:39| Auto Dealers - Topix.net
Shanghai: Chinese luxury auto dealer Sunfonda was in the fast lane to success as the country boomed but a slowdown in the world's number two economy has slammed the brakes on the firm's ambitions. The worst economic performance in a quarter century and a prolonged government crackdown on corruption have hammered luxury car sales in the country, and Sunfonda last month announced a 75 percent slump in first-half net profits.
Tags: auto
china
market
brakes
VIDEO: Peston: How will China cope with slowdown?
2015-09-21 08:15:23| BBC News | Business | UK Edition
With China facing an economic slowdown, economics editor Robert Peston asks whether the government will let market forces work or go back to its old habit of intervening?
Back to basics, and beyond: automakers seek to counter China slowdown
2015-09-18 04:55:59| Auto Dealers - Topix.net
A girl rides a toy car at the VIP lounge of BMW dealer shop in Beijing, China, September 11, 2015. XI'AN, China As China's economy loses pace and car sales flatline, automakers are having to redouble their efforts to squeeze every dollar from their dealerships - beefing up after-sales and financing services that are a staple in more developed markets.
China slowdown weighs on global growth forecast
2015-09-17 16:05:23| Daily apparel & textile news and comment - from just-style.com
The Organisation for Economic Co-operation and Development (OECD) has lowered its forecast for global growth this year, suggesting the slowdown in China, stagnating world trade and deteriorating financial markets are all causing uncertainty.
Tags: china
global
growth
forecast
One More Big U.S. Company Gets Hit By Global Slowdown
2015-09-17 05:43:18| Air Courier - Topix.net
The massive package shipping company lowered its performance outlook for the year right before the crucial holiday shipping season. The problem: the weak global economy and strong U.S. dollar.
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