
Shanghai Auto Show 2019: There will be blood as carmakers fast-track launches or get swept away in uncertain environment
The Shanghai Auto Show opened earlier this week in an uncertain climate for the Chinese new vehicle market. As we have noted in our Q1 2019 update, wholesales of passenger cars in China have now endured 9 consecutive months of year-on-year decline (including 7 straight double-digit drops), a stint unseen since the eighties. Even if March (-6.9%) could signal the light at the end of the tunnel with the first single-digit drop since last August, the market isn’t out of the woods just yet. Adding t



