24/7 Wall St.
07-08-2008, 07:40 AM
24/7 Wall St. Daily News
Sales of vehicles sold in China by Ford (F) and its partners rose 21% in the first half to 172,411, according to Reuters. That sounds good, and, to some extent, it is. Ford sold about the same number of cars in the US in June as its did in China during the January through June period. Unfortunately, the carmaker's unit sales here were down 28% last month. That means over a six month period, Ford is losing about 700,000 vehicle sales in America, while it adds about 50,000 in China. The China versus US math will not work for Ford.... http://feeds.feedburner.com/~f/typepad/RyNm?i=Fv4pRJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=Fv4pRJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=0yMJfJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=0yMJfJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=35XbEj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=35XbEj)
complete story here... (http://www.247wallst.com/2008/07/ford-f-in-china.html)
Sales of vehicles sold in China by Ford (F) and its partners rose 21% in the first half to 172,411, according to Reuters. That sounds good, and, to some extent, it is. Ford sold about the same number of cars in the US in June as its did in China during the January through June period. Unfortunately, the carmaker's unit sales here were down 28% last month. That means over a six month period, Ford is losing about 700,000 vehicle sales in America, while it adds about 50,000 in China. The China versus US math will not work for Ford.... http://feeds.feedburner.com/~f/typepad/RyNm?i=Fv4pRJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=Fv4pRJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=0yMJfJ</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=0yMJfJ) http://feeds.feedburner.com/~f/typepad/RyNm?i=35XbEj</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=35XbEj)
complete story here... (http://www.247wallst.com/2008/07/ford-f-in-china.html)