The foreign brands in China have all been hammered in recent years. VW, long the market leader in China, has been losing big gobs of market share, and profits. GM, all brands included, iirc, is down to about a 3% market share. Ford’s collapse is even worse, down to about a 1% share.
Canada has imposed a 25% tariff on US built cars. Reports vary whether that is all US assembled cars, or only US assembled cars that are not USMCA compliant. The Louisville built Ford Escape only contains 63% USMCA parts, well below the 75% treaty minimum. I have noticed that Ford, here in Michigan, is flooding TV with ads for the Escape. I wonder if the Escape is tariffed out of Canada, so that Ford US is drowning in the things? The thought that crosses my mind, given this situation, is Ford may start exporting Escapes from China to Canada, to replace the US supply. Ford China has plenty of capacity. They only sold 10,000 Escapes in China last year, vs selling 31,000 Escapes in Canada.
Steve