China Vehicle Sales Hit Record But Industry Can’t Make A Profit

HFA Padded
Rupert Hargreaves
Published on
Updated on

China’s auto market is set to become the largest in the world over time, but its growth is set to slow considerably in the years ahead. According to a recent survey from McKinsey, from 2010 to 2015, vehicle sales in China increased by more than 12% a year. Looking out to 2020, the consultants project that the vehicle market will grow by an average of 5% a year. This is a dramatic slowdown from the  2005 to 2012 period when sales expanded at a CAGR of 18.1%. 2016 was a record year for the country’s auto industry. The official China Association of…

This content is exclusively for paying members of Hedge Fund Alpha

Log In

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!

HFA Padded

Sign up now and get our in-depth FREE e-books on famous investors like Klarman, Dalio, Schloss, Munger Rupert is a committed value investor and regularly writes and invests following the principles set out by Benjamin Graham. He is the editor and co-owner of Hidden Value Stocks, a quarterly investment newsletter aimed at institutional investors. Rupert owns shares in Berkshire Hathaway. Rupert holds qualifications from the Chartered Institute For Securities & Investment and the CFA Society of the UK. Rupert covers everything value investing for ValueWalk