Ford Motor Company (NYSE: F) released its sales results for the third quarter in China on Thursday, ahead of the planned earnings release scheduled for Oct. 28.What Happened: The automakers reported it sold 164,352 vehicles between July and September in China, marking the largest year-over-year sales growth in nearly four years. Compared to Q3 2019, the current sales figures represent a 25.4% upsurge and a 3.6% increase against the second quarter of 2020.Ford operates in China through its joint ventures with companies like Chongqing Changan Automobile (Changan Ford), Jiangling Motor Corporation (JMC), and the Taiwanese automaker Lio Ho Group (Ford …read more
Source:: Yahoo Finance
