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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

Ford Motor Company is tweaking plans in China and seeking to turn around financial losses after five years of lackluster sales within the region. CEO Jim Farley has reportedly returned from Asia to finalize those plans, which were reiterated during a press call about Ford’s first-quarter earnings held earlier in the week.

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JATO: Global car sales up by 2.8% in Q1 2016 due to SUV boost in China and Europe

Green Car Congress

million LCVs and passenger car units were sold across all segments globally in Q1 2016—a 2.8% increase (558,700 more units) on the same period in 2015—largely driven by growth in the Chinese and European markets. These were the Nissan X-Trail, Honda HR-V, Toyota RAV4, Honda CR-V and Ford Escape. in Q1 2016.

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Since then Daimler , Ford Motor Company , General Motors , Stellantis and Volkswagen Group, have committed an additional $152 billion in investments, a sum four times their combined 2019 operating profits. For example, GM and VW see no future for hybrids, but Toyota , Ford and BMW disagree and see a market for both.