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Carmageddon - Are we to see CHINAPOCALYPSE?

 
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Sandie
FLOPPY-TROUSERED BUCKFAST-SWILLING CUNT


Joined: 09 Nov 2018
Posts: 876
Location: The EPC

PostPosted: Mon Jul 29, 2019 9:52 pm    Post subject: Carmageddon - Are we to see CHINAPOCALYPSE? Reply with quote

https://www.ft.com/content/ff5df696-addb-11e9-8030-530adfa879c2

Much to create worry there, but this stood out:

Quote:
PSA’s plant with Chang’an produced just 102 cars in the first half of the year, according to China’s official auto industry association, meaning capacity use fell below 1 per cent.


ONE HUNDRED AND TWO!
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The Rabbi
GERMAN CANDLE


Joined: 07 Nov 2018
Posts: 458
Location: Bergen-Belsen

PostPosted: Mon Jul 29, 2019 9:53 pm    Post subject: Reply with quote

Fuck knows. Paywall FTB.
_________________
CUNTS.
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Barry
THE IRISH SPACKSTOP


Joined: 07 Nov 2018
Posts: 1173

PostPosted: Mon Jul 29, 2019 9:54 pm    Post subject: Reply with quote

Imagine of you'd just bought a Shitroen Laughing
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austin-towers
PLASTIC WELSH SPASTIC


Joined: 07 Nov 2018
Posts: 950

PostPosted: Mon Jul 29, 2019 9:55 pm    Post subject: Reply with quote

Barry wrote:
Imagine of you'd just bought a Shitroen Laughing


HAVE... no, wait....
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Seamaster
PEDDLING OPTIMISM


Joined: 11 Nov 2018
Posts: 2073
Location: Scottish Riviera

PostPosted: Mon Jul 29, 2019 9:58 pm    Post subject: Reply with quote

The Rabbi wrote:
Paywall FTB.


You can take the boy out of Golders Green...
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austin-towers
PLASTIC WELSH SPASTIC


Joined: 07 Nov 2018
Posts: 950

PostPosted: Mon Jul 29, 2019 10:00 pm    Post subject: Reply with quote

Snigger
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5ivegearsinreverse
ROBERT JEKYLL & GORDON HYDE


Joined: 07 Nov 2018
Posts: 767
Location: A Town Called Bastard

PostPosted: Mon Jul 29, 2019 10:12 pm    Post subject: Reply with quote

The Chang'an venture makes the DS5 and DS6, cars which nobody liked ever.

The big PSA deal in China is Dongfeng Motor Group, which has a 13% holding in Groupe PSA, which is also having a shit time:

https://europe.autonews.com/automakers/psas-china-jv-dongfeng-loses-552-million-2018-sales-plunge

Automotive News wrote:
Dongfeng Peugeot Shitroen Automobile, a 50-50 joint venture between PSA Group and Dongfeng Motor Group, lost nearly 3.7 billion yuan ($552 million) in 2018 on plunging sales.

That was about eight times the loss of 465 million yuan the partnership incurred in 2017, according to Dongfeng, a Hong Kong-listed, state-owned Chinese automaker.

After hitting a high of 704,000 vehicle sales in 2015, the JV's annual deliveries have slumped for the past three years. In 2018, sales plunged 33 percent to around 253,000.

As a result, 2018 revenue fell 31 percent to 28.3 billion yuan.

The JV, headquartered in the central China city of Wuhan, can produce up to 840,000 vehicles annually for the Peugeot and Shitroen brands at full capacity.

This year did not begin well for the venture as sales tumbled 63 percent in January to around 12,300, according to the China Passenger Car Alliance, a Shanghai consultancy.

PSA also operates a joint venture with Changan Automobile, which builds and markets DS cars. But this JV has fared no better than Dongfeng Peugeot Shitroen.

With annual production capacity of 200,000 vehicles, Changan PSA sold fewer than 3,900 vehicles last year, according to China Passenger Car Alliance.
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Lord Sward
SWARDUS ET PKLESS


Joined: 08 Nov 2018
Posts: 1199

PostPosted: Mon Jul 29, 2019 10:15 pm    Post subject: Reply with quote

Are they blaming Brexit?
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austin-towers
PLASTIC WELSH SPASTIC


Joined: 07 Nov 2018
Posts: 950

PostPosted: Mon Jul 29, 2019 10:37 pm    Post subject: Reply with quote

Brexit? WHAT BREXIT?
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Barry
THE IRISH SPACKSTOP


Joined: 07 Nov 2018
Posts: 1173

PostPosted: Mon Jul 29, 2019 10:41 pm    Post subject: Reply with quote

austin-towers wrote:
Brexit? WHAT BREXIT?

It'll never happen.
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5ivegearsinreverse
ROBERT JEKYLL & GORDON HYDE


Joined: 07 Nov 2018
Posts: 767
Location: A Town Called Bastard

PostPosted: Mon Jul 29, 2019 10:46 pm    Post subject: Reply with quote

Barry wrote:
austin-towers wrote:
Brexit? WHAT BREXIT?

It'll never happen.


Only Tony Bliar, John Major, and Benny from ABBA still believe that.
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Giles
DOING IT AGAIN FOR FUN AND PROFIT


Joined: 07 Nov 2018
Posts: 474

PostPosted: Tue Jul 30, 2019 8:50 am    Post subject: Reply with quote

Why would the Bartons buy French cars? If they want something badly made and poorly designed they could just buy something from their domestic market.
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Ottertronic
WORSE THAN HITLER


Joined: 09 Nov 2018
Posts: 928

PostPosted: Tue Jul 30, 2019 9:16 am    Post subject: Reply with quote

Giles wrote:
Why would the Bartons buy French cars? If they want something badly made and poorly designed they could just buy something from their domestic market.


你又来了,吉尔斯
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Spastic
DRIBBLING FUCKING IMBECILE


Joined: 09 Nov 2018
Posts: 530
Location: In a home

PostPosted: Tue Jul 30, 2019 10:07 am    Post subject: Reply with quote

Ottertronic wrote:
Giles wrote:
Why would the Bartons buy French cars? If they want something badly made and poorly designed they could just buy something from their domestic market.


你又来了,吉尔斯


This translates as “You are coming again, Gilles” according to google translate.
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Sheefag
MACDROITWICH SPECIAL FORCES


Joined: 08 Nov 2018
Posts: 342

PostPosted: Tue Jul 30, 2019 12:30 pm    Post subject: Reply with quote

閉嘴你蒙古
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chucky
ES YOUR U WANT A POPULARITY CAR NTEST


Joined: 12 Nov 2018
Posts: 328

PostPosted: Tue Jul 30, 2019 3:48 pm    Post subject: Reply with quote

Spastic wrote:
This translates as “You are coming again, Gilles” according to google translate.


毁了
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Sandie
FLOPPY-TROUSERED BUCKFAST-SWILLING CUNT


Joined: 09 Nov 2018
Posts: 876
Location: The EPC

PostPosted: Tue Jul 30, 2019 6:00 pm    Post subject: Reply with quote

Giles wrote:
Why would the Bartons buy French cars? If they want something badly made and poorly designed they could just buy something from their domestic market.


Just look at who has never been more successful: http://carsalesbase.com/china-car-sales-data/mg/
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5ivegearsinreverse
ROBERT JEKYLL & GORDON HYDE


Joined: 07 Nov 2018
Posts: 767
Location: A Town Called Bastard

PostPosted: Tue Aug 20, 2019 8:53 pm    Post subject: Reply with quote

The BELWETHER has retreated from China...

Morgan's sole China dealer shuts down

As well as having unimaginative parents, Jim Jim seems to be a bad loser.

ANE wrote:
Morgan Cars China, British sports car maker Morgan Motor’s sole dealer in China, has stopped marketing, importing and taking orders for the hand-built roadsters.

The importer cited continued issues with vehicle quality and a lack of support from Morgan for the decision to shut down.

Morgan Cars China was incorporated in Beijing by British entrepreneur Jim James along with a Chinese partner.


Perhaps there won't be any great panic at Pickersleigh Road:

ANE wrote:
It was established in 2011 and has sold more than 60 cars in China for Morgan
.
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chucky
ES YOUR U WANT A POPULARITY CAR NTEST


Joined: 12 Nov 2018
Posts: 328

PostPosted: Tue Aug 20, 2019 9:16 pm    Post subject: Reply with quote

He was much better on the wireless.
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