-
Ford Motor Company sold a record 1.27 million vehicles in 2016 in
China, up 14 percent
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Changan Ford JV sold 957,495 vehicles in 2016; December sales total
115,654 vehicles
-
Jiangling Motor Corp. sold 265,056 vehicles in 2016; December sales
total 32,193 vehicles
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Lincoln sold 32,558 vehicles in 2016, nearly three-fold increase over
2015
Company Website:
http://corporate.ford.com/
SHANGHAI -- (Business Wire)
Ford Motor Company sales surged 23 percent in China in December, capping
a record year for the automaker in the world’s largest new vehicle
market.
For all of 2016, Ford Motor Company sales totaled a best-ever 1.27
million vehicles, 14 percent higher than 2015. That total includes sales
by joint ventures Changan Ford Automobile and Jiangling Motors
Corporation, sales of Ford models imported to China and Lincoln, which
has become the fastest growing luxury brand in China.
In December alone, Ford and its joint ventures sold nearly 150,000
vehicles in China, up 21 percent over 2015. The growth was driven by
strong demand for Ford’s expanded lineup of SUVs such as the Ford Edge
and Explorer, the Ford Taurus large car, and performance vehicles such
as the Ford Mustang.
“We have built some great sales momentum in China, particularly in the
second half of 2016, on the strength of our expanded vehicle lineup,”
said Peter Fleet, vice president of Marketing, Sales and Service, Asia
Pacific. “Record numbers of customers are choosing our 3-row Edge
crossover, elegant Taurus sedan, Explorer premium SUV and Lincoln luxury
vehicles.”
Changan Ford Automobile, Ford's passenger car joint venture, broke both
annual and December sales records. CAF sold more than 957,000 vehicles
in 2016, up 14 percent compared to 2015. December sales totaled more
than 115,000 vehicles, a 19 percent increase compared to December 2015.
Ford’s five-vehicle SUV lineup has been a key driver of sales growth in
China. Demand for the Ford Edge and Ford Explorer, for example, rose 123
percent and 36 percent respectively in 2016. The Ford Taurus also had
its best sales month ever in December and annual sales surpassed 32,000.
Ford performance vehicles continue to attract Chinese customers, with
annual sales of the Ford Mustang up 45 percent and Focus RS and Focus ST
sales up 12 percent for the year. The new Ford Focus and Escort have
also remained popular, with sales up 8 percent and 53 percent for the
small sedans.
Jiangling Motor Corp., Ford’s other joint venture in China, sold 265,056
vehicles in 2016, a 7 percent increase compared to 2015. December sales
totaled 32,193 vehicles, up 28 percent compared to December 2015.
Lincoln has also had a strong year in 2016, with sales totaling 32,558
vehicles, a nearly three-fold increase compared to 2015. Lincoln’s
strong performance was supported by Chinese customers’ positive
reception of Lincoln SUVs and the growing number of dealerships, which
reached 65 in 2016. In terms of sales, five of Lincoln’s top 10
dealerships and 11 of the top 20 were based in China in 2016.
Ford Motor Company China Retail Sales Performance
|
|
December 2016
|
|
January – December 2016
|
|
December 2015
|
|
January – December 2015
|
CAF
|
|
115,654
|
|
957,495
|
|
96,960
|
|
836,425
|
Imported Ford Vehicles
|
|
2,009
|
|
17,599
|
|
1,417
|
|
25,340
|
JMC
|
|
32,193
|
|
265,056
|
|
25,181
|
|
246,615
|
Total Ford Brand China |
| 149,856 |
| 1,240,150 |
| 123,558 |
| 1,108,380 |
Lincoln
|
|
|
|
32,558
|
|
|
|
11,630
|
Total Ford and Lincoln Brand China |
|
|
| 1,272,708 |
|
|
| 1,120,010 |
|
| |
| |
| |
| |
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/20170105006547/en/
Contacts:
Ford Motor Company
Jonathan Mao, + 86 21 2032 2202
ymao5@ford.com
Mary
Katherine Lim, +86 21 2032 2631
msmi1108@ford.com
Source: Ford Motor Company
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