Reported 3 days ago
Ford Motor's China business, which includes exports, generated $900 million in earnings before interest and taxes last year, according to a senior executive. John Lawler highlighted advancements in China's automotive industry, noting its leadership in battery technology and low cost structure. Despite facing challenges from local competitors like BYD and Tesla, Ford is adapting by focusing on export strategies while dealing with the impacts of U.S. tariffs.
Source: YAHOO