Ford scripts significant recovery in sales in China, credits new launches

By: Reuters
Updated on: 16 Oct 2020, 07:55 AM

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Ford states that new launches and localization strategy has helped the company bounce back in the world's largest car market.

File photo used for representational purpose. (REUTERS)

Ford Motor Co said on Friday that its China vehicle sales rose 25% between July and September this year from a year earlier to 164,352 units.

The Dearborn, Michigan-based company said in a statement that the sales rise was driven by its new product launches and localisation strategy.

First Published Date: 16 Oct 2020, 07:55 AM IST