Ford’s China JV Changan eyes sales rebound at end-2019: president

FILE Photograph: Gentlemen and girls stroll by a Ford Escape SUV shown for the length of the media working day for the Shanghai car existing in Shanghai, China April 16, 2019. REUTERS/Aly Songs

SHANGHAI (Reuters) – China’s China Changan Auto Team expects sales at its joint organization with Ford Motor Co to rebound at the close of this yr as the U.S. automaker boosts its China products or services line, Changan’s president mentioned on Tuesday.

Zhu Huarong crafted the remark to Reuters on the sidelines of the Shanghai Autoshow.

Ford before this thirty day period declared that it thoughts to start off added than 30 new variations in China about the future three many years as it seeks to reverse slumping sales in the world’s best car market.

Reporting by Yilei Photo voltaic and Brenda Goh

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