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Author Topic: Ford's China Turnaround Just Hit a Speed Bump  (Read 877 times)

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Online Wingnut

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Ford's China Turnaround Just Hit a Speed Bump
« on: December 26, 2018, 04:19:58 pm »
ohn Rosevear (TMFMarlowe)
Dec 25, 2018 at 9:05PM
Ford Motor Company (NYSE:F) said that its sales in China were down 55% in November, despite the launch of two new models tailored to Chinese tastes.

Ford has been working for about a year on a turnaround effort for its once-promising China operation, which has fallen on hard times as Ford's product cadence hasn't kept up with rivals'. In addition to its own troubles, Ford is now facing a big external headwind: After years of growth, China's new-car market is weakening.

https://www.fool.com/investing/2018/12/25/fords-china-turnaround-just-hit-a-speed-bump.aspx

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Offline Frank Cannon

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Re: Ford's China Turnaround Just Hit a Speed Bump
« Reply #1 on: December 26, 2018, 04:25:29 pm »
After years of growth, China's new-car market is weakening.

It's been weakening for at least 5 years. This bullshit with the car companies thinking China is going to be the flying unicorn to save them is nonsense. First off it is a Communist country. If they decide that people shouldn't have new cars, which they did to some extent a couple years ago, they can flip a switch and that's that. Secondly any vehicle the Chinamen like they just clone and sell as their own.
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