- Ford (F +1.3%) has made some minor production cuts in China as it reacts to local demand, according to the company's top exec in Asia.
- Specific details on the lowered output weren't disclosed.
- Detroit and German automakers have lowered some prices in China over the last few months with domestic automakers starting to take more market share.
- Previously: Auto sales growth in China slows to 26-month low (May 11)