Value Microcaps Motherboard

[roguedolphin]

Len /China demand..........."Automaker, Brilliance China (NYSE: CBA - News) pointed to what management called a "significant" slowdown in domestic automobile demand in China as the cause of the disappointment. Apparently, the government's economic-austerity measures are really starting to bite into consumer demand, and profits are suffering."


I'll have to dig a little deaper on this one. I'm not really sure that "demand" for autos is tapering off in China. I do know that the competition is fierce in the auto industry in China and CBA may be taking the brunt of the savage competition. So CBA management may be covering their butt's and their companys extreme slowdown with a generic market "slowdown" excuse.
Motley Fool may be getting "fooled" on this one.


Rogue