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

FILE Impression: Persons wander by a Ford Escape SUV exhibited by way of the media working day for the Shanghai auto exhibit in Shanghai, China April 16, 2019. REUTERS/Aly Tunes

SHANGHAI (Reuters) – China’s China Changan Automobile Group expects product or service sales at its joint endeavor with Ford Motor Co to rebound at the conclude of this 12 months as the U.S. automaker boosts its China product or service or company line, Changan’s president stated on Tuesday.

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

Ford previously this thirty day period declared that it patterns to get started far more than 30 new variations in China in excessive of the next a several lots of many years as it seeks to reverse slumping product or service sales in the world’s greatest auto sector.

Reporting by Yilei Sunshine and Brenda Goh

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