What changed
I HAVE LEGACY JV'S MAY AUTO SALES IN CHINA & TO PUT THINGS IN CONTEXT, I PLOTTED THEIR SALES FROM 2019 TO 2025 & THEN EXTENDED TO WHAT I ESTIMATE 2026 TO BE BASED ON MAY SALES (I USED 14X).
THE MOST DRAMATIC FALL COMES FROM HONDA & NISSAN, BUT THE GERMAN LUXURY BRANDS ARE ALSO DROPPING LIKE A ROCK
PROBABLY EVEN MORE CONCERNING FOR BBA IS THE ASP WHICH HAS COME DOWN PRECIPITOUSLY — VIA @TPHUANG