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According to the report of CNBC TV, the Ford CEO Alan Mulally is optimistic about the prospects of the Chinese auto market and does not believe it will be dragged down by the macroeconomic slowdown.
Data in recent months show that the slowdown in China’s macroeconomic growth in the second quarter has caused some people to worry about the future of the Chinese auto market. However, Mulally said in an interview with CNBC that there was no concern and stressed that China is still a strong market, especially for Ford.
Mulally said: "China is the world's largest automotive market, and we are the fastest growing (foreign) brand in China. Our current best estimate for China is that GDP will still grow at a rate of 6-8%. ."
In the second quarter of this year, Ford's pre-tax profit reached US$2.6 billion, including the Asian-Pacific non-regional business including the Chinese market, which set a profit record, and the European region’s loss situation improved.