What recent sales trends in China have been reported for Ford and its competitors?
Ford Shares Fall Below $9 for First Time Since 2012
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The video discusses Ford's stock price drop below $9 for the first time in six years, driven by global pressures and a restructuring plan. The restructuring involves layoffs and is being communicated gradually, causing market uncertainty. Trade issues, particularly with China, are affecting the auto industry, with Ford being less exposed than others due to its smaller presence in China. However, the weakening Chinese market still poses a risk. Upcoming trade discussions at the G20 meeting may influence future plans.
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What is the significance of the upcoming G20 meeting in relation to trade discussions with China?
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