(C) Reuters. Frankfurt hosts the international Motor Show (IAA)
BEIJING (Reuters) – Ford Motor Co (N:F) on Friday said its China sales rose 25% over July to September from the same period a year earlier to 164,352 vehicles, attributing the increase to product launches and a localisation strategy.
The result represents Ford’s second consecutive quarterly sales increase in the world’s biggest auto market following almost three years of decline.
On Monday, U.S. rival General Motors Co (N:GM) said its China sales grew 12% in July-September to 771,400 vehicles.
Overall vehicle sales in China grew 13% in September, 12% in August and 16% in July.
Ford’s third-quarter China sales rise 25% year-on-year to 164,352 vehicles
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