Changan Automobile Co., Ford’s local partner in China estimates its loss to increase to RMB 550 million in Q3 2019 from RMB 160 million (US$23 million)in Q2. The loss is claimed to be driven by plunging sales in its proprietary car unit and joint ventures with Ford Motor Co. and Mazda Motor Corp.
News ID: 6835 Publish Date : 2019/10/22