
The plant makes engines for Ford models sold in China, including the latest model of Ford’s Focus subcompact. Ford’s sales have grown in recent months, as have those of General Motors Co. (NYSE: GM), Hyundai and BMW, due to the continuing dispute between China and Japan over the Senkaku Islands (or Diaoyu to the Chinese) in the East China Sea. The disagreement has sparked popular protests in China against the Japanese, and Japanese automakers Toyota Motor Corp. (NYSE: TM) and Honda Motor Co. Ltd. (NYSE: HMC) have seen Chinese sales collapse as a result.
Ford sales in China have risen 48% year-to-date compared with last year, far above the new car sales rate of about 5.3% in China as a whole.
The engine plant recently added shifts to the workday to meet demand for the Ford Focus and for some Mazda models.
Paul Ausick
Take Charge of Your Retirement In Just A Few Minutes (Sponsor)
Retirement planning doesn’t have to feel overwhelming. The key is finding expert guidance—and SmartAsset’s simple quiz makes it easier than ever for you to connect with a vetted financial advisor.
Here’s how it works:
- Answer a Few Simple Questions. Tell us a bit about your goals and preferences—it only takes a few minutes!
- Get Matched with Vetted Advisors Our smart tool matches you with up to three pre-screened, vetted advisors who serve your area and are held to a fiduciary standard to act in your best interests. Click here to begin
- Choose Your Fit Review their profiles, schedule an introductory call (or meet in person), and select the advisor who feel is right for you.
Why wait? Start building the retirement you’ve always dreamed of. Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.