Ford Motor Co. sold 602,627 vehicles in China last year, up 6 percent from 2019, to mark its first annual growth in the world’s biggest car market since 2017.
The American carmaker posted impressive numbers in the past three months, selling 190,916 vehicles for a 30 percent increase from the same period last year.
Ford’s China sales began faltering in late 2017 after peaking at 1.08 million units in 2016.
In China, Ford manufactures cars through Jiangling Motors Corp Ltd (JMC), its joint venture with Chongqing Changan Automobile Co Ltd.
The automaker shut down its plant at Louisville, Kentucky, this week due to an industry-wide semiconductor shortage, which is expected to spread to other auto plants in the coming months.
Ford employs 3,800 hourly workers in its Louisville plant who will receive about 75 percent of their usual pay during the shutdown.
The plant assembles the Escape and the Corsair.
Ford will also close its three plants in Brazil this year as part of the $11 billion global restructurings.


Australia Trade Balance Swings to Surprise Deficit as Imports Outpace Exports in May
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds
Japan Signals Surprise Yen Intervention Strategy as BOJ Hawkish Stance Puts FX Traders on Alert
Lockheed Martin Emerges as Frontrunner to Acquire Ultra Maritime in $3.5 Billion Defense Deal
Oil Prices Steady as U.S.-Iran Talks Ease Supply Fears Ahead of Holiday Weekend
Apple Eyes Chinese Memory Chips as AI Shortage Pressures iPhone Supply Chain
Wall Street Ends Mixed as Weak Jobs Data Lowers Fed Rate Hike Bets, Chip Stocks Tumble
DOJ Seeks Dismissal of Fraud Charges Against Gautam Adani in U.S. Court
SK Holdings, KKR Launch $1.3B Renewable Energy Venture in South Korea
Sodexo Raises 2026 Revenue Outlook After Strong Q3 Sales Beat
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report
Chinese Copper Foil Maker Londian Files U.S. IPO as EV Battery Demand Grows
Oil Prices Slip as Oversupply Concerns and U.S.-Iran Talks Shape Market Outlook
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says
Trump Administration Declines USMCA Renewal, Opens Talks on New Trade Changes
Suncorp Cuts 2026 Premium Growth Forecast as Australia, New Zealand Markets Weaken
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 



