Ford and GM scale back Lincoln production and Chevrolet sales in China, accelerating retreat
F Ford Motor Co
$13.89 +0.43%
View chart & analysis → - 1Reports say Ford (F) will end Lincoln production in China for U.S. exports, while General Motors (GM) will halt Chevrolet sales in China.
- 2Ford is expanding U.S. production, and GM is focusing on its Buick and Cadillac brands in China while continuing to build Chevrolet vehicles for export to other regions.
- 3As U.S. automakers' pullback from China accelerates, Chinese companies are narrowing the gap through quality and price competition while seeking access to the U.S. market.
This 3-line summary is compiled from the report below.
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