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Ford surpasses 1 million sales in Asia Pacific following best-ever
August sales
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Ford sales rose 22 percent in August for total Asia Pacific region as
well as for China
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August market share of 4.1 percent highest month ever for Ford in Asia
Pacific
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SUVs now represent 30 percent of Ford’s vehicle sales in the region
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New Kuga and Mondeo coming to some markets later this year
Company Website:
http://corporate.ford.com/
SHANGHAI -- (Business Wire)
Ford Motor Company today sold its 1 millionth vehicle in Asia Pacific in
2016, reaching the milestone a month ahead of last year’s pace.
This Smart News Release features multimedia. View the full release here:
http://www.businesswire.com/news/home/20160908005771/en/
A key driver of Ford’s growth in Asia Pacific this year has been its growing SUV lineup with sales up 17 percent compared with same time period last year. In fact, SUVs have accounted for 30 percent of Ford’s vehicle sales this year. The new Ford Edge, pictured, has become a hot seller in China, with year-to-date sales up three-fold since its introduction last year. (Photo: Business Wire)
Ford sales in Asia Pacific continue to strengthen this year, culminating
with record demand in August. Ford sold 126,834 vehicles in the Asia
Pacific region in August, up 22 percent versus a year ago, for a total
market share in the region of 4.1 percent, Ford’s highest share ever for
any single month.
“Reaching 1 million sales so quickly is a testament to the growing
strength of our brand and products in Asia,” said Dave Schoch,
president, Ford Asia Pacific. “Even with intense competition and
challenging business conditions, Ford continues to grow and reach new
customers in Asia Pacific.”
A key driver of Ford’s growth has been its growing SUV lineup with
year-to-date sales up 17 percent compared with same time period last
year. In fact, SUVs have accounted for 30 percent of Ford’s vehicle
sales this year. The new Ford Edge, for instance, has become a hot
seller in China, with year-to-date sales up three-fold since its
introduction last year.
The introduction of the Ford Mustang has created a sensation in markets
such as China, Australia, India and South Korea. The Ranger pickup also
continues to thrive, with strong sales across the region, particularly
in Australia, New Zealand, Taiwan, Thailand and Vietnam.
Ford saw best-ever August sales for a number of markets in Asia Pacific,
including China where sales for Ford and its joint venture partners rose
22 percent compared to August 2015. Thanks to the strong performance of
Ranger and Transit, sales of Ford vehicles in Vietnam increased 57
percent in August, while strong performance of EcoSport, Ranger and
Everest helped increase sales of Ford vehicles in the Philippines by
more than 90 percent. In Thailand, Ranger’s market share was up to 10
percent in the pick-up segment in August for the first time ever.
“We are connecting with new customers with the most modern and
expressive Ford lineup we have ever offered across Asia Pacific,” said
Peter Fleet, vice president, Marketing, Sales and Service, Ford Asia
Pacific. “We will continue to grow our sales across the region through
the rest of this year and into 2017 as we introduce more new vehicles
and technologies, such as new Kuga with SYNC 3 launching now in China.”
Note for Editors: Ford share in Asia Pacific includes our best
estimates of industry volumes in some markets where confirmed industry
data is not available.
About Ford Motor Company
Ford Motor Company is a global automotive and mobility company based in
Dearborn, Michigan. With about 203,000 employees and 67 plants
worldwide, the company’s core business includes designing,
manufacturing, marketing, financing and servicing a full line of Ford
cars, trucks, SUVs and electrified vehicles, as well as Lincoln luxury
vehicles. At the same time, Ford aggressively is pursuing emerging
opportunities through Ford Smart Mobility, the company’s plan to be a
leader in connectivity, mobility, autonomous vehicles, the customer
experience, and data and analytics. The company provides financial
services through Ford Motor Credit Company. For more information
regarding Ford, its products worldwide or Ford Motor Credit Company,
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 news releases, related materials and high-resolution photos and
videos, please visit www.media.ford.com.
View source version on businesswire.com: http://www.businesswire.com/news/home/20160908005771/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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