Ford Motor Company (NYSE: F) said that its sales in China rose 2% in February, thanks mostly to a quirk of the Chinese calendar. Year to date, the Blue Oval’s sales in China are off 21%, as it struggles to regain momentum after an expiring tax break pulled many sales forward to the end of 2016.
The vehicles that Ford sells in China come from three different sources. The company has two separate joint ventures with Chinese automakers, and it also imports some Ford-brand vehicles from other countries, including the United States.