Facing a Shrinking Market, Ford and Groupe PSA May Leave China: Industry Analysts

Facing a Shrinking Market, Ford and Groupe PSA May Leave China: Industry Analysts
A transformer robot advertising a Ford car dealership in Hangzhou, Zhejiang Province on February 17, 2014. MARK RALSTON/AFP/Getty Images
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Chinese auto industry news sites are predicting that carmakers Ford and Groupe PSA may leave the Chinese market soon, as recently released data shows that their sales have slumped from a year ago.

The data reflects a broader downturn in China’s auto market since last year, when sales declined for the first time in almost three decades. This year, the market is predicted to be even worse.

Nicole Hao
Nicole Hao
Author
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.
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