Ford's vehicle sales in China tumble 26.1% in 2019
) China vehicle sales fell for a third consecutive year, by 26.1%, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.
The U.S. automaker delivered 146,473 vehicles in China in the fourth quarter, down 14.7% year-on-year, Ford said in a statement. In total, it sold 567,854 vehicles over 2019. Anning Chen, president and chief executive of Ford Greater China, said that while 2019 was a “challenging” year for the automaker, it saw its market share in the high-to-premium segment stabilize and its sales decline in the value segment start to narrow in the second-half of the year.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Zendaya Shuts Down the Critics' Choice Awards in a Pink Tom Ford LookZendaya stuns at the Critics Choice Awards red carpet in a hot pink look by Tom Ford, including a metallic breast plate-inspired top and a skirt.
Read more »
Zendaya Shuts Down the Critics' Choice Awards in a Pink Tom Ford LookZendaya stuns at the Critics Choice Awards red carpet in a hot pink look by Tom Ford, including a metallic breast plate-inspired top and a skirt.
Read more »
Taiwan's president wins as voters back tough China stanceTAIPEI, Taiwan (AP) — Taiwanese President Tsai Ing-wen has won a second term, signaling strong voter support for her tough stance against China. Tsai defeated two challengers in Saturday's...
Read more »
China says will not change position on Taiwan after landslide electionChina will not change its position that Taiwan belongs to it, Beijing said on Su...
Read more »
AP Explains: Taiwan's election and its standoff with ChinaTAIPEI, Taiwan (AP) — Taiwanese are casting their votes Saturday for the president and legislature of a self-governing island that acts like a sovereign nation yet is not recognized by the U.N. or...
Read more »