Lincoln Motor Company

The economy in China may be slowing, but Ford says its plans for future sales increases are still on track.

Ford of China head Dave Schock says the days of "frantic" double-digit GDP growth are likely over. But he says the government plans to transition the economy to a 7% rate of growth, which means plenty of opportunities to increase car sales. 

Ford is pinning its hopes on so-called Tier 3 through Tier 6 cities in China. Those are small to mid-sized cities (a small city in China can still have several million residents.) 

Lincoln Motor Company

Ford's luxury brand Lincoln took another step this week towards a hoped-for redemption.

The brand unveiled the MKC, a small crossover.

Lincoln's cars are aging and uncompetitive. Jim Farley, who's in charge of Lincoln, cautions the brand's recovery will take a long time, but he hopes the MKC is a turning point.

It's the first small crossover the brand has launched. "We wanted to challenge preconceived notions that Lincoln only makes big sedans and SUVs," says Farley, noting that sales in the small crossover segment have grown 200% since 2009.