Global Analysis from the European Perspective. Preparing for the world of tomorrow




China’s car sales in January fell 16 percent, marking seven months of decline

  • China’s car sales in January fell 15.8 percent from last year, China’s Association of Automobile Manufacturers said.
  • This marks the seventh straight month of declining sales in the world’s largest auto market.
  • Beijing is now trying to persuade consumers to loosen their purse strings and has pledged to provide subsidies to boost rural sales of some vehicles and purchases of new energy vehicles.
  • China’s car sales in January fell 15.8 percent from last year, China’s Association of Automobile Manufacturers said.
  • This marks the seventh straight month of declining sales in the world’s largest auto market.
  • Beijing is now trying to persuade consumers to loosen their purse strings and has pledged to provide subsidies to boost rural sales of some vehicles and purchases of new energy vehicles.

GEFIRA BULLETIN

GET ACCESS TO CONFIDENTIAL INFORMATION

€225/$250 FOR 10 ISSUES

GEFIRA provides in-depth and comprehensive analysis of and valuable insight into current events that investors, financial planners and politicians need to know to anticipate the world of tomorrow; it is intended for professional and non-professional readers.

Yearly subscription: 10 issues for €225/$250
Renewal: €160/$175

The Gefira bulletin is available in ENGLISH, GERMAN and SPANISH.

RELATED NEWS


UK: Millions on pre-paid energy meters could face cut-off as prices soar

The chaos in gas and electricity markets is set to hit one group of people the hardest this winter: the four million households that use prepayment meters (PPMs).

While most people pay their bills monthly for energy they have already used, PPMs require people to pay for energy before they use it. PPMs take whatever money is in the meter and supply energy to the household.  Source Open Democracy

by The Board

European gas prices surge as Gazprom hits supply hopes

Russia’s Gazprom has damped hopes for additional gas exports to Europe next month as the continent struggles with record prices, despite recent hints from President Vladimir Putin that more could be forthcoming.

UK and European gas prices surged as much as 18 per cent on Monday after a keenly awaited pipeline capacity auction showed no increase from Russia either through the Ukrainian pipeline system or lines passing via Poland to north-west Europe. Source FT

by The Board

 
UK flag German flag Spain flag x
Menu
More