Why Ford Continues to Struggle in China
Ford Motor Company (NYSE: F) said that its sales in China fell 7% in July, as strong demand for the Blue Oval's commercial vehicles wasn't enough to offset a big slump in sales of small sedans.
Ford has had an up-and-down year in China. The Blue Oval's occasional good results have been more than offset by a general decline in sales year-over-year. Through July, Ford's sales in China are down 7% from a year ago.
What's going on? Simply put, Ford's best-sellers aren't selling like they did a year ago.
Source: Fool.com
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