Ford’s battle to turn around its China business

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Ford Motor is fighting to gain ground in China as its market gets as tough as it has been in decades.

All three Detroit automakers, plus newcomer Tesla, are trying different ways to snag a piece of the world’s largest car market. Number 1 U.S. automaker General Motors is also the biggest U.S. carmaker in China by sales. Ford is in second place, with Fiat Chrysler trailing behind. 

Tesla has been importing cars to China, but in November, it said it plans to soon…



Source cnbc.com

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