Ford Motor Company: This Is When Smart Investors Buy Good Companies, Not Sell Them - The Times
Ford Motor Firm plunged to about $11. 50 early Monday morning earlier than recovering to$13. 19, which continues to be down virtually 5% for the day. Contemplating China is the world’s second-largest financial system, that is comprehensible — particularly for automotive producers which are relying on China to assist generate a progress story within the coming years for buyers. So, let’s take a fast take a look at some current figures from Ford. Simply final month, Ford China bought greater than 77,000 retail automobiles, which was certainly a 6% decline in comparison with July 2014 –panic, promote, promote, promote. However when buyers take a look at gross sales figures for the complete yr, it looks like much less of an enormous deal. Think about that from January to July 2015, Ford bought 620,588 models in China, in comparison with the 624,944 models it bought by way of the identical time-frame final yr. Positive, we want to see progress. And when gross sales figures from August come out, Ford’s outlook in China could be worse. Nevertheless, this is what we do know: Ford has executed extremely nicely in China over the previous few years, rising its annual gross sales from 626,000 in 2012 to greater than 1,114,000. Source: www.suffieldtimes.com
