Economic news

Ford's third-quarter China car sales drop 30.3%

Ford Motor Co's July-to-September car deals in China tumbled 30 percent, as the U.S. automaker keeps on losing ground in a drawn-out deal decrease in its second greatest market.

fordPhoto: Flickr

The Dearborn, Michigan-based carmaker's conveyed 131,060 automobiles in China in the third quarter, Ford stated in an announcement.

Ford's deals in China dropped 35.8 percent in the principal quarter and by 21.7 percent in the subsequent quarter.

It conveyed around 421,000 vehicles in the initial nine months of the year, as per Reuters counts.


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  • avatar-1609
    Leo
    • #

    That foreign cars are selling in China is a sign of failure of the CPC government. If Chinese enterprises can outsell foreigners in smartphones, then Chinese cars should be able to outsell foreign cars in China's own domestic market. The demeaning truth is there is hardly any indigenous Chinese car companies. Even Geely is selling Volvo cars.


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