Ford Muscles in on China Market With Mustang

Newswire

(Repeats earlier story with no changes to text) By Norihiko Shirouzu BEIJING, Jan 11 (Reuters) - Ford Motor Co is betting on one of its most distinctively American models, the Mustang muscle car, to boost the company's sales and profits in China. Ford began selling the Mustang in China in early 2015, and it is a niche vehicle, selling at a rate of about 3,000 cars a year. Still, that makes the Mustang, which starts at 399,800 yuan ($57,670) the top-seller in a sporty car segment ...

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