China: Inventories drop on maintenance shutdowns

According to the Deputy Secretary General of the China Automobile Dealers Association (CADA), inventory levels at the country's automotive dealerships dropped to a four-month low in July. This, however, was due to shutdowns at various vehicle manufacturers for summer maintenance. Inventory levels dropped to the equivalent of 1.7 months of sales It’s time to log … Continued

• By Webmaster
• September 3, 2012