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Carmakers may have to put brakes on China plans

Warning of sales slowdown comes amid slump in Chinese equities, which could exacerbate the situation
Tuesday, July 14, 2015 - 05:50

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New Chevrolet cars at a General Motors' parking lot in Shenyang, Liaoning province in China last month. The firm is expected to release China June sales numbers this week.

Shanghai

CHINA delivered an unwelcome message to global carmakers last week when it predicted that sales growth may just match Europe's this year, fingers crossed.

Amid an equities rout that's wiped out as much as US$4 trillion in market value, the state-backed China Association of

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