The Traderszone Network

Published in TZ Latest News 9 October, 2014 by The TZ Newswire Staff

Ford says new plants, models to boost China sales after September dip

Ford Motor Co (F.N) said on Friday it expects to boost sales in China once new assembly facilities come online and new vehicles hit showrooms in coming months, after posting its first dip in China monthly sales this year. “We’re maxed out,” Ford spokeswoman Claire Li said, referring to capacity constraints that are crimping Ford’s sales in the world’s biggest auto market. She said new assembly facilities in Hangzhou and Chongqing would ease supply pressures, without providing specific sales targets for the months ahead.

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