Ford to start building electric Mustangs in China

FORD. Ford is to start building its iconic Mustang cars in China for the first time. China is the world's biggest car market with more than 20m vehicles sold each year. On Thursday, Germany's Daimler posted strong company results for 2020, off the back of a strong recovery in the global car market led by China. The new electric-powered Mustang is a sports utility vehicle, seen as a chance to reverse years of sluggish sales in China and connect with customers by producing them locally. Mustang sports cars have so far only been available in China as costly imports.

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