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Ford: July China vehicle sales drop 32%

(CercleFinance.com) - Ford's sales in China fell 32% year-on-year in July to a total of 57,662 vehicles, the US carmaker said on Friday.


Faced with dropping sales, the company has presented a turnaround plan that includes an aggressive rate of product introductions.

This week Ford has announced the all-new Ford Territory -a new SUV aimed at China's fastest-growing segment - SUV buyers in small, but but fast-growing cities.

The group's sales in the first 7 months of the year totaled 458,000 units, down 26% from the same period a year ago.

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