Ford China sales sputter

|About: Ford Motor Company (F)|By:, SA News Editor

Ford (NYSE:F) announces it sold more than 250K vehicles in China during Q1. The sales level was down 19% from a year ago.

Sales in March were down 21% to just over 90K vehicles. Monthly sales for Changhan Ford Automobile were down 30% Y/Y.

The company says the weak sales performance reflects the impact of a reduced purchase tax incentive.

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