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April 25, 2005

Shanghai autoshow

Myrick paints a depressing picture of the Chinese auto industry. Increases in steel prices and lending rates have dealt a harsh blow.

Still, given all of that, the Shanghai autoshow - which opened to the public today - should be doom and gloom. But, it really wasn't that glum. Regardless of the business environment, there's always something nice about autoshows. I can't quite put my finger on what it is though.

Posted by Ghost of a flea at April 25, 2005 06:27 AM

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I think you get a broken arm if you put a finger on it.

Posted by: Alan [TypeKey Profile Page] at April 25, 2005 08:10 AM