- 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.
- F -0.27% premarket to $11.20.