Ford Is Still Struggling in China
Ford Motor Company (NYSE: F) said that its sales in China fell 1% in August from a year ago, as its mainstream models continued to struggle against newer competition from both domestic Chinese and global automakers.
Ford's operation in China can be confusing to those who haven't followed it closely. In a nutshell, the vehicles Ford sells in China fall into four categories:
The Ford Edge was a big seller when it first arrived in China, but its popularity has faded. Sales were down 16% in August. Image source: Ford Motor Company.
Source: Fool.com
General Motors Corp Stock
€41.95
0.670%
Our community is currently high on General Motors Corp with 32 Buy predictions and 5 Sell predictions.
As a result the target price of 46 € shows a slightly positive potential of 9.65% compared to the current price of 41.95 € for General Motors Corp.
