Ford’s China sales also hit by chip shortage in third quarter

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The Detroit News

Ford Motor Co. saw its China sales decrease 8.7% year over year in the third quarter, the automaker said Friday. The drop was a result of the ongoing challenges Ford and other automakers face with the semiconductor shortage, as well as flooding in central China in July and restrictions related to the COVID-19 pandemic. Overall, Ford reported sales of more than 150,100 vehicles in the quarter. For the year, Ford China’s sales are up 11%, nearing 457,000. Crosstown rival General Motors Co. also reported a decrease in its China sales during the quarter, with deliveries dropping 19% year over year…

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