Ford China Sales Up 8% In May
Ford Motor Co (NYSE: F) reported an 8% rise in its sales in China.
Ford's China sales rose to 48,608 vehicles in May. Ford sold 34,552 Ford-branded vehicles in China in May.
Sales at Ford's Jiangling Motors Corp. commercial-vehicle joint venture declined 16% to 14,056 vehicles.
In the first five months of the year, Ford and its joint ventures sold 224,882 vehicles in China.
Ford shares closed at $10.57 yesterday.
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