Is Ford Finally Turning It Around in China? [The Motley Fool]
Ford Motor Company (F)
Last ford motor company earnings: 4/28 04:09 pm
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Source: The Motley Fool
Is Ford Finally Turning It Around in China? Ford Motor ( NYSE:F a year ago Year to date through September, Ford's sales in China are down 9.%. The raw numbers Ford China's current leadership has sharply reduced the amount of information it shares around sales, meaning it no longer releases detailed model-by-model sales information. But it did share a few key figures for the third quarter: Sales of Ford-brand vehicles, including both imports and Fords manufactured in China, totaled 77, in the third quarter. That's down 7.7% from the same period last year, and down .% from its Sales of the JMC-brand trucks produced by Ford's joint venture with Chinese truck-maker Jiangling Motors fell .% from a year ago, to ,999 vehicles. That's down .9% from the second quarter of 09. The Ford Territory, a low-cost SUV developed specifically for China, helped drive month-to-month sales increases for Ford in the third quarter. Image source: Ford Motor. What happened with Ford in China in the third quar
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