Ford Motor Company (NYSE:F) Sees 53% Sales Increase In China

Ford Motor Company (NYSE:F) Sees 53% Sales Increase In China

Ford Motor Company (NYSE:F) has seen a 53% sales in China for the first half of this year, a record breaking figure. This new company record was set by 301,524 Ford stamped automobiles sold within this first half of 2010 allowing Ford to experience the best sales for a half in company history. This new record is in contrast of the first half sales in China of 2009, a positive 53% sales increase.

Ford Motor Company (NYSE:F) is a producer of cars and trucks, from typical passenger automobiles to fleets of cars or trucks for businesses. Ford and its subsidiaries also engage in other businesses, including financing vehicles.

Shares of Ford stock last opened at $3.82 and closed down at $3.79. For today, shares of “F” opened up at $3.87 and currently has seen gradual decline in share value. Currently Ford’s stock is ranging from an intraday low of $3.72 up to $3.77.