Ford Motor CHIEF EXECUTIVE OFFICER Jim Farley throughout a disclose of a special-edition Ford Mustang GTD for the Detroit Auto Show on Jan 9, 2024.
Michael Wayland/
DETROIT– Ford Motor‘s procedures in China made about $600 million in 2014 in spite of tough market problems, CHIEF EXECUTIVE OFFICER Jim Farley stated Thursday evening.
“I’m happy to say that Ford makes money in China, and I’m very proud of that, because not many [automakers] can say that,” Farley stated adhering to a lorry disclose for the Detroit Auto Show.
Farley stated those profits consisted of the export of lorries such as the Lincoln Nautilus, which is specifically created in China for various other markets such as the UNITED STATE
China has actually been a progressively tough market for car manufacturers, particularly western tradition business such as Ford and General Motors.
Ford does not report profits by area, yet Farley has actually formerly proclaimed the business’s advancing “asset-light” technique in China.
