Ford China Sales Surge 56% In November

Sales at Ford Motor Co

and its joint ventures in China surged 56% y/y to 67,505 vehicles in November. Sales of passenger cars at Changan Ford Automobile climbed 71% to 50,423 units in the month, while sales at Jiangling Motors rose 16% to 15,903 units. Ford shares closed at $11.31 yesterday.