Ford’s sales in China collapsed 43% in September amid Trump’s trade war and an economic slowdown (F)
Ford sales in China tanked 43% in September year-over-year.
The drop is attributed to a confluence of factors, from Ford’s makeover of the company to the Chinese economic slowdown.
The growing trade war between the US and China also most likely played a role.
Ford has been dealing with a series of maladies from President Donald Trump’s various tariffs.
Ford’s sales in China nosedived in September as a slew of factors, including President Donald Trump’s trade war and a slowdown in the Chinese economy, slammed the company.
According to data released by the company Friday, overall sales in China fell 43% in September compared with the same month last year and were down 30% through the first nine months of 2018 compared with the same period in 2017.See the rest of the story at Business Insider
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