Ford Motor Company (NYSE: F) has collapsed after the great sales decline

Ford Motor Company shares falling in price rapidly

In brief: Ford Motor Company (NYSE: F) shares fall in value against the general negative. Ford sales have fallen off after the publication of reports.

Ford Motor Company (NYSE: F) goes into the red zone. Ford Motor Company shares close to a mark of 12.92 points. Ford loses -0.24 points or -1.82% since the opening of U.S. stock market trading today. Sales of Ford cars fell by 6.3% in China in July.

The US company has thus become the first major player, proclaimed the decline of sales in the world’s largest automotive market. Changan Ford Sales Co. sold 18,255 cars during the past month. Over the same period last year the figure was 19,486 units. Ford, General Motors and other foreign automakers are counting on sales growth in China, which was supposed to compensate for falling demand in Europe and the U.S., where economic recovery is fragile. Although annual sales of automobiles in China is projected increase, the monthly supply may start to fall from last year’s levels in September, according to Daiwa Institute of Research. The total number sold in July of cars in China grew by 15.4% to $ 822.3 thousand units.

Anrey Torbinski
2010-08-03 16:16, Economics.

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One comment к “Ford Motor Company (NYSE: F) has collapsed after the great sales decline”

  1. Jonathan Mardukas Says:

    You’re an idiot. The target price for F just got bumped from 16 to 18.

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