Ford Sales in China Dip 3%
Ford Motor Co. reports that sales by its ventures in China slipped to 88,200 units in May from 90,600 in the same month last year.
Ford Motor Co. reports that sales by its ventures in China slipped to 88,200 units in May from 90,600 in the same month last year. Year-to-date sales were 479,500 vehicles, up 5% year on year.
Passenger car sales by Changan Ford Automobile last month totaled 67,100, slightly below last year’s 67,400. The venture’s sales in January-May climbed 11% to 370,300 units.
Jiangling Motors Corp., Ford’s commercial vehicle venture, saw May sales fall 6% to 19,700 units. The partnership’s sales through the first five months of 2016 dropped 9% to 102,200 units.