All of the World’s Biggest Automakers Are Shrinking in China
Five charts capturing global carmakers’ deteriorating fortunes in the world’s largest market.
An advertisement for the Cadillac Escalade IQ electric sport utility vehicle outside the Beijing Auto Show in April.
Photographer: Qilai Shen/BloombergThanks for reading Hyperdrive, Bloomberg’s newsletter on the future of the auto world.
All but a handful of the world’s biggest automakers have reported earnings for the first half of the year, and the industry has been remarkably consistent in one respect.