Ford: Riding High on China’s SUV Boom – Wall Street Journal
Sport-utility vehicles are the kings of China’s auto market, and Ford Motor is well placed in the royal court.
Car makers in China shipped 52% more SUVs in the first quarter than in the same period the year before. In no month since 2015 has growth dipped below 34%. In response, Chinese manufacturers have flooded the market with low-end SUVs, some crammed with tiny 1.6-liter engines that qualify for tax incentives. There will be 32…