Ford's China JV Changan eyes sales rebound at end-2019: president

FILE PHOTO: Zhu Huarong, chairman of Chongqing Changan Automobile, speaks at the 2016 China-U.S. Automotive Industry Summit during the Auto China 2016 show in Beijing, China April 26, 2016. REUTERS/Kim Kyung-Hoon - Copyright Kim Kyung Hoon(Reuters)

By Reuters

Published on 16/04/2019 - 10:34•Updated 20/04/2024 - 08:23

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SHANGHAI (Reuters) - China's China Changan Automobile Group expects sales at its joint venture with Ford Motor Co to rebound at the end of this year as the U.S. automaker boosts its China product line, Changan's president said on Tuesday.

Zhu Huarong made the comment to Reuters on the sidelines of the Shanghai Autoshow.

Ford earlier this month announced that it plans to launch more than 30 new models in China over the next three years as it seeks to reverse slumping sales in the world's biggest auto market.

(Reporting by Yilei Sun and Brenda Goh)

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