Ford Motor’s China sales fall 32 percent in July on continued lack of fresh models

9 Aug by Vitaliy Dadalyan

Ford Motor’s China sales fall 32 percent in July on continued lack of fresh models

Ford Motor Co (F.N) on Friday said its sales in China fell 32 percent in July from a year earlier to 57,662 vehicles, as the U.S. carmaker continued to suffer from a lack of fresh models in the world’s largest auto market. The latest figure followed a 38 percent tumble in June, leading to the automaker’s worst-ever first-half year in China since starting operations in the country in 2001. For January-July, Ford’s China sales dropped 26 percent versus the same period a year earlier to 458,105 vehicles.

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Source:: https://finance.yahoo.com/news/ford-motors-china-sales-fall-070916067.html