Ford sees decline in China market

Ford Motor Co. (NYSE:F) and its joint ventures in China saw a 26% decrease in 2019. In its fourth quarter, Ford China sold 146,473 vehicles, representing a nearly 15% drop in sales compared to the same period of 2018. That's up about 12% relative to its third quarter numbers. “2019 was a challenging year for the Chinese automotive market and for Ford in China. While our sales declined primarily in the value segment, the decline continued to narrow in the second half and saw the stabilization…