Ford’s sales in China collapsed 43% in September amid Trump’s trade war and an economic slowdown (F)

Ford china sinkholeVCG/Getty Images

  • Ford sales in China tanked 43% in September year-over-year.
  • The drop is attributed to a confluence of factors, from Ford’s makeover of the company to the Chinese economic slowdown.
  • The growing trade war between the US and China also most likely played a role.
  • Ford has been dealing with a series of maladies from President Donald Trump’s various tariffs.

Ford’s sales in China nosedived in September as a slew of factors, including President Donald Trump’s trade war and a slowdown in the Chinese economy, slammed the company.

According to data released by the company Friday, overall sales in China fell 43% in September compared with the same month last year and were down 30% through the first nine months of 2018 compared with the same period in 2017.

See the rest of the story at Business Insider

NOW WATCH: Inside the Trump ‘MAGA’ hat factory

See Also:

SEE ALSO: Here’s exactly how Trump’s trade war with China could affect you

Post Author: martin

Avatar
Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.