BEIJING: Ford Motor's China ventures reported year-on-year sales growth for June as the world's biggest auto market continues to recover from coronavirus-induced lows.
The U.S. automaker's Chongqing-based venture with Changan said on Monday its sales jumped 7.7per cent from a year earlier. It did not disclose the number of vehicles sold.Ford's new SUV models including Escape, Edge and Explorer are selling well and contributed to growth in past months, it said in a statement.
Jiangling Motors Corp , in which Ford owns a stake, said in a filing last week that it sold 39,192 vehicles last month, up 67per cent year on year. JMC sells Ford-branded sport-utility vehicles and vans as well as JMC-branded commercial vehicles. The ventures also saw sales up in April and May, putting the Dearborn, Michigan-based company on track for its first quarterly growth since the third quarter of 2017. It said the aging model lineup caused the sales slide.Advertisement
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China plans reforms to organ donation rulesChina is planning changes in its organ donation rules to tackle a shortage of donors and curb illicit harvesting after it stopped taking tissue from executed prisoners five years ago. The draft rules published Wednesday by the National Health Commission allow people to donate the organs of relatives
Source: YahooSG - 🏆 3. / 71 Read more »
WHO says it was first alerted to coronavirus by its office, not ChinaGENEVA (AFP) - The World Health Organisation has updated its account of the early stages of the Covid crisis to say it was alerted by its own office in China, and not by China itself, to the first pneumonia cases in Wuhan.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
China dominates medical supplies, in this outbreak and the nextBEIJING (NYTIMES) - Alarmed at China's stranglehold over supplies of masks, gowns, test kits and other front-line weapons for battling the coronavirus, countries around the world have set up their own factories to cope with this pandemic and outbreaks of the future.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Indian soldiers unarmed and caught by surprise in China clash, families sayNEW DELHI (REUTERS) - Indian soldiers who died in close combat with Chinese troops last month were unarmed and surrounded by a larger force on a steep ridge, Indian government sources, two soldiers deployed in the area and families of the fallen men said.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »
Japfa completes China dairy unit stake sale to Meiji for US$254.4mAGRI-FOOD company Japfa on Friday closed the sale of a 25 per cent stake in AustAsia Investment Holdings, which operates the group's dairy farming business in China, to Japan's Meiji. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US, China left out as England slashes quarantine list[LONDON] Travellers from more than 70 'low-risk' countries and territories will no longer have to self-isolate when arriving in England, the UK government said Friday in a major easing of its coronavirus quarantine scheme. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »