BEIJING (Reuters) -Car dealers in one of China’s richest regions are appealing to automakers to overhaul sales strategies amid mounting pressure on their cash flow and high inventories in another sign of the growing toll of the price war in the world’s largest car market. Four dealer associations based in the Yangtze River Delta encompassing…
By Nick Carey and Nora Eckert LONDON/DETROIT (Reuters) – Automakers with plenty of cars on dealer lots have a time advantage as they hone their strategies for passing on President Donald Trump’s 25% tariffs, while Toyota’s lean inventories could force it to hike customer prices sooner. Trump imposed 25% duties on imports of foreign cars…
Hong Kong will have high housing inventories and will likely focus on destocking in the coming years, according to S&P Global Ratings. “Developers will face further margin pressure because they will be booking residential projects acquired back when land prices were higher,” said S&P Global Ratings credit analyst Edward Chan. The weighted average earnings before interest,…