Value Microcaps Motherboard

[roguedolphin]

Len/China auto demand......
"It appears they are saying that the price competition is a direct RESULT of the slowdown in sales across the board - which would be a logical ramification."

Maybe not so "logical" Len.....What I am saying is that my bet is that auto sales in China will be up year over year. I will have to see the "official" numbers before I believe that an auto sales slowdown year/year in China has occured. I believe it is more likely that the "supply" of autos has increased much more than "demand" so prices have fallen and margins eroded. THAT would not surprise me. Many more manufacturers have entered the market recently.....sales of autos MAY still be up year/year before all is said and done.

Rogue