Ford Attempts a U-Turn in China - News Summed Up

Ford Attempts a U-Turn in China


SHANGHAI – Ford Motor Co. rebooted its China strategy on Tuesday, announcing a slew of new models and initiatives aimed at reversing declining sales in the world’s largest car market. The car maker will launch 50 new vehicles in China by 2025, including 15 electrics, Executive Chairman Bill Ford and Chief Executive Jim Hackett said at a news conference Tuesday, adding that by 2019 all new models there will be internet-connected.


Source: Wall Street Journal December 05, 2017 10:36 UTC



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