Carmageddon Goes Global----European, Chinese Auto Sales Plunge

The global carmageddon wave is spreading: just two weeks after the US reported its worst auto sales in years - now ex dealer incentives, and just days after the latest Chinese data showed passenger-car purchases by dealerships plunged 12% from a year earlier to just over 2 million units in September, the biggest drop on record...

 

 

https://www.zerohedge.com/news/2018-10-17/european-car-sales-plunge-23-dragging-market-lower

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