-
Ford and its joint ventures sold 107,618 vehicles in October, up 14
percent; Mustang, Explorer, New Edge, Focus and Escort drive sales
increase
-
Changan Ford Automobile sold 82,368 vehicles, up 10 percent
-
Jiangling Motor Corporation sold 23,949 vehicles, up 29 percent
Company Website:
http://corporate.ford.com/
SHANGHAI -- (Business Wire)
Ford and its joint ventures in China continued to build momentum in
China, posting record October sales of 107,618 vehicles, up 14 percent
compared to October 2015.
Year-to-date sales for Ford, Changan Ford and Jiangling Motor
Corporation total 966,000 vehicles, up 10 percent.
“We had a strong October and we are headed for our best year ever for
sales in China,” said Peter Fleet, vice president of Marketing, Sales
and Service, Asia Pacific. “We are seeing the benefits of a much more
exciting lineup and an ever stronger focus on the wants and needs of
Chinese customers.”
Monthly sales for CAF, Ford’s passenger car joint venture, totaled
82,368 vehicles, up 10 percent compared to October 2015. So far in 2016
CAF has sold 745,650 vehicles, up 14 percent compared to last year.
Sales of the iconic Ford Mustang remained strong in October, up 60
percent compared to October 2015. Ford’s SUVs also continue to perform
well. Ford Edge sales rose 93 percent in the month while Explorer sales
rose 30 percent.
Small sedans also continue to be a bright spot for Ford, with sales of
the Ford Focus up 15 percent and sales of the Ford Escort up 34 percent.
JMC, Ford’s commercial vehicle investment in China also saw a strong
October, selling 23,949 vehicles, a 29-percent increase compared to
October 2015. Year-to-date sales accelerated past the 200,000 mark, up 3
percent compared to the same time last year.
Ford Motor Company China Retail Sales Performance |
|
| |
| |
| |
| |
|
|
|
October 2016
|
|
January –
October 2016
|
|
October 2015
|
|
January –
October 2015
|
|
CAF
|
|
82,368
|
|
745,650
|
|
74,820
|
|
654,919
|
|
Imported Ford Vehicles
|
|
1,301
|
|
13,953
|
|
1,295
|
|
22,794
|
|
JMC
|
|
23,949
|
|
206,578
|
|
18,632
|
|
201,124
|
Total China |
|
107,618
|
|
966,181
|
|
94,747
|
|
878,837
|
Editor’s note: Ford reports retail figures in China. JMC figures exclude
export sales. Lincoln sales in China are reported on a quarterly basis.
About Ford Motor Company
Ford Motor Company is a global automotive and mobility company based in
Dearborn, Michigan. With about 203,000 employees and 62 plants
worldwide, the company’s core business includes designing,
manufacturing, marketing and servicing a full line of Ford cars, trucks
and SUVs, as well as Lincoln luxury vehicles. To expand its business
model, Ford is aggressively pursuing emerging opportunities with
investments in electrification, autonomy and mobility. Ford provides
financial services through Ford Motor Credit Company.
For more information regarding Ford and its products and services,
please visit www.corporate.ford.com.
Ford’s wholly owned subsidiaries, joint ventures and investment in China
include Ford Motor (China) Limited, Ford Motor Research & Engineering
(Nanjing) Co., Ltd., Ford Automotive Finance (China) Ltd., Changan Ford
Automobile Co., Ltd., Changan Ford Mazda Engine Co., Ltd. and Jiangling
Motors Co., Ltd.
For more information regarding Ford’s products, please visit http://corporate.ford.com
and www.ford.com.cn.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161106005087/en/
Contacts:
Ford Motor Company
Jonathan Mao, + 86 21 2032 2202
ymao5@ford.com
or
Mary
Katherine Lim, +86 21 2032 2631
msmi1108@ford.com
Source: Ford Motor Company
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