Posts Tagged ‘GM sales road China’

Ford, GM Sales in China Move in Opposite Directions

New product key to strong sales.

by on Mar.12, 2018

Jim Hackett, Ford president and CEO, discusses the plans to expand sales in China.

Ford Motor Co. suffered another sharp reversal of fortune in China during February where it reported vehicle sales dropped 30% from a year earlier while General Motors continues to roll up sales.

The sales drop by Ford appeared to reflect a dearth of new products as the company continued to struggle in the world’s largest auto market.

Global News!

Ford’s sales dropped 18% in January and in February totaled just 47,483 vehicles, accounting for the 30% drop mentioned earlier. (more…)