Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Tokyo  >  Sun Corporation    6736   JP3336450006

SUN CORPORATION

(6736)
  Report
SummaryChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

China auto sales set for third year of decline - industry association

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/12/2019 | 05:04am EST
Workers work on an assembly line manufacturing Audi Q3 cars at the FAW-Volkswagen Tianjin plant in Tianjin

China's auto market, the world's biggest, is set for a third year of contraction with a 2% decline in sales next year, hit by a weaker economy and U.S.-China trade tensions, the country's top auto industry body said on Thursday.

The China Association of Automobile Manufacturers (CAAM) expects sales to slide to about 25.31 million vehicles in 2020, Xu Haidong, CAAM's assistant secretary general, said at a conference on Thursday.

CAAM told Reuters in October that 2019 sales are expected to fall to about 26 million vehicles this year, down about 8% year on year. Xu repeated that prediction on Thursday.

China's car sales fell by 9.1% in the first 11 months this year, having slid 3% last year in the first sales contraction since the 1990s.

By Yilei Sun and Brenda Goh

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SUN CORPORATION
01/14SUN : Israeli digital forensics firm Cellebrite buys BlackBag Technologies
RE
01/09Chairman Mao's favoured Red Flag carmaker eyes 1 million customers by 2030
RE
01/02Tesla cuts price for China-made Model 3 vehicles before delivery
RE
2019Mahjong, cartoons coming to Tesla car screens in China next year
RE
2019Dongfeng and PSA extend joint venture despite stake sale to smooth mega-merge..
RE
2019China auto sales set for third year of decline - industry association
RE
2019China wants new energy vehicle sales in 2025 to be 25% of all car sales
RE
2019China limits number of rides drivers can offer through car-pooling services
RE
2019Hong Kong home prices fall for fifth straight month in October
RE
2019Ford's China joint venture with Changan to return to sales growth in 2020 - p..
RE
More news
Financials (JPY)
Sales 2020 -
EBIT 2020 -
Net income 2020 -
Debt 2020 -
Yield 2020 -
P/E ratio 2020 -
P/E ratio 2021 -
Capi. / Sales2020 -
Capi. / Sales2021 -
Capitalization 40 111 M
Technical analysis trends SUN CORPORATION
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
 
Mean consensus -
Number of Analysts
Average target price
Last Close Price 1 779,00  
Spread / Highest target -
Spread / Average Target -
Spread / Lowest Target -
EPS Revisions
Managers
NameTitle
Yoshimi Kimura President & Representative Director
Masanori Yamaguchi Director
Katsuhisa Kamegai Director, Head-020, Innovation & Next Project
Masahito Sano Director
Yasushi Yamamoto Director & General Manager-Administration
Sector and Competitors
1st jan.Capitalization (M$)
SUN CORPORATION5.83%373
CISCO SYSTEMS, INC.,-1.02%207 235
FOXCONN INDUSTRIAL INTERNET CO., LTD.9.47%57 228
MOTOROLA SOLUTIONS, INC.11.49%30 782
ERICSSON AB-2.28%27 739
ZTE CORPORATION--.--%24 476