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Old 04-16-2020, 07:56 AM   #1
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Default Ford's first-quarter China vehicle sales down 35% as coronavirus hits demand

Filed under: Earnings/Financials,Ford
Ford Motor Co said on Thursday that its China vehicle sales in the first three months this year fell 34.9% from a year earlier to 88,770 units, as the novel coronavirus epidemic hit demand in the world's biggest auto market. The Dearborn, Michigan-based company said, however, all its dealers in China had resumed work and its sales in March had returned to 75% of the same period last year. In China, Ford makes cars through Jiangling Motors Corp Ltd (JMC) , in which it has a staContinue reading Ford's first-quarter China vehicle sales down 35% as coronavirus hits demand
Ford's first-quarter China vehicle sales down 35% as coronavirus hits demand originally appeared on Autoblog on Thu, 16 Apr 2020 08:58:00 EDT. Please see our terms for use of feeds.


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