Ford's China ventures increase May sales as market rebounds

FILE PHOTO - The Chinese national flag flies on the roof of a Ford car dealership in Beijing, China October 11, 2018. REUTERS/Thomas Peter

BEIJING - Ford Motor’s China ventures have reported year-on-year sales growth for May in a sign of how the world’s biggest auto market is continuing its recovery from coronavirus-induced lows. The U.S. automaker’s Chongqing-based venture with Changan sold 23,491 vehicles in May, up 130% from a year earlier, it said on Thursday.

Jiangling Motors Corp , in which Ford owns a stake, said in a filing on Wednesday that it sold 29,008 vehicles last month, up 32% year on year. Separately, Ford also said that sales of its luxury Lincoln brand in China reached 5,000 units last month, up 22%.

China should kick out ford.

Этот твит важен для меня

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Amid disease, riots and rising U.S.-China tensions, the stock market keeps it coolAnalysts and investors interviewed by MarketWatch said that improvement in the COVID-19 health crisis and the gradual lifting of related economic... What about profit booking ? I mean we have had a pretty solid relief really. FOMO Market has not flinched because they know that there is a president with balls in the whitehouse. He will bring the tugs to justice heh deserve!
La source: MarketWatch - 🏆 3. / 97 Lire la suite »

Helping China cut carbon emissions isn't a financial game every business can playSome energy-related companies in the country have found themselves caught in a business cycle that shows how difficult it can be for stimulus to help the economy in the form of bank loans. FOLLOW ME ❤️ No. But it should be a moral imperative game CNBC loves China
La source: CNBC - 🏆 12. / 72 Lire la suite »