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Ford's March China vehicle sales down 11 percent

Reuters  |  BEIJING 

(Reuters) - Ford Motor Co's sales in fell 11 percent in March from a year earlier to 83,666 vehicles, as its business in the world's biggest auto market remains hampered by a dearth of

The company, whose sales fell a sharp 30 percent in February, said on Friday its sales in the first three months of this year totaled 207,139 vehicles, down 19 percent from a year earlier.

The big decline in February volume was due in part to fewer working days in the month because of a late holiday, but Ford's first-quarter numbers reveal the continued difficulty facing the Michigan-based automaker.

Company officials have said Ford's business in this year will remain pressured by a dearth of new or significantly redesigned cars models in its product lineup - a situation they indicated should last through the end of 2018 or through early 2019.

(Reporting by Norihiko Shirouzu; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 12:55 IST
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