In Japan the November new vehicle sales dropped 27%
TOKYO, Dec 2 Federation of car sales Associations of Japan on December 1 issued the latest data which showed that in Japan in November new car sales (excluding mini-vehicles) year-on-year dropped 27%, less for 4 months than the actual level of sales over the same period last year, and compared with the first few months declined further.
Five South Korean automakers cut all-round production
Seoul, Dec 2 (Reporter stem Magnolia) the global economic downturn caused the impact of car manufacturing, such as Hyundai Motor and other five top automakers near Dec. 1 the by shutdown and other means in parts of the factories cut production. Hyundai Motor at the end of November cancelled overtime on weekends at Ulsan, Jeonju several factories and other places of work.
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Imported Milk increased more than 15% This Month
Following the collective price increasing in the April this year, the imported milk will increase its price again. The reporter learned that, BMS lauched the upgrading milk in more 15% prices last week, and Abbott are also being assessed, then rise its prices.
Tourism is the Strong Support to Expand Domestic Demand and Keep its Growth Stability
Recently, the National People’s Congress Standing Committee, vice chairman of the China Democratic National Construction Association, the economical professor, GuShengzu said: Facing the grim situation outside and the difficulties of manufacturing sector, it’s the key to expand domestic demand actively to complete the overall task of “securing and controlling” .
Fashion and Cheap Car — Peugeot 307 for a max offer 15,000 yuan
Yesterday, we learnt from several DongFeng Peugeot dealers in Beijing area that the recent price of Peugeot 307 is relatively stable compared to the eve of the Olympic Games.
Lehman Filed for Bankruptcy — the Rare Financial Crisis
September 14, Barclays Bank announced that, in the absence of the federal government’s and other banks’ financial support, they can’t deal with their “fate hanging line” — Lehman brother, so all the potential acquirers stop their steps.This well-known investment bank, having a 158-year history, have filed for bankruptcy protection.
The Global Financial Crisis , Calling China Rescue the Market
People’s Bank of China announced that, drop down one-year RMB loans benchmark interest rate 0.27 percentage points since the September 16.
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