Ford Motor (F) China Sales Rise 30%
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Last night, Ford Motor (NYSE: F) said sales in China rose 30% year-over-year. Ford sold 216,324 units in China in 2007.
Ford and its joint-venture partners operate three vehicle assembly plants and one engine manufacturing plant in China. Ford operations in China also include an automotive financing company, a Nanjing-based sourcing and R&D center and extensive sales and service operations. The first Chinese-built Ford passenger car, the Ford Fiesta, was introduced in China in 2003.
Ford and its joint-venture partners operate three vehicle assembly plants and one engine manufacturing plant in China. Ford operations in China also include an automotive financing company, a Nanjing-based sourcing and R&D center and extensive sales and service operations. The first Chinese-built Ford passenger car, the Ford Fiesta, was introduced in China in 2003.
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