News Snapshot:
Ford Motor Co.'s sales in China dropped 22% year over year in the second quarter while the country was on pandemic lockdown. Overall, the Dearborn automaker sold about 120,000 vehicles during the quarter. Ford started to see a rebound in June as total sales exceeded 50,000 for a 3% year-over-year increase and 3a 8% increase from May's sales. Crosstown rival General Motors Co. also saw a double-digit plunge in its China sales. The automaker reported a 36% sales decline in its largest market during the second quarter, when the country had again issued COVID-19 restrictions amid a surge in cases....
