Ford Motor Company’s brands in China (Ford, Lincoln, Volvo, Jaguar and Land Rover) reported total retail sales of 149,455 units in the first three quarters of 2007, 30% growth year on year, outpacing the industry average.
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The passenger car joint venture, Changan Ford Mazda Automobile, posted a significant 59% year-on-year wholesale sales growth to reach 150,365 units. In particular, the third quarter saw wholesale volume of 56,778 units, a 62% rise over the same period in 2006.
The third generation Mondeo will be launched in China very soon, setting, Ford claimed, a new benchmark for the domestic high-end CD car segment.
Ford brand vehicles, both domestically produced and imported, passenger cars and commercial vehicles altogether, achieved total sales of 135,073 units, a 27% increase year-on-year.
“Our strategic deployment in China is now taking effect. CFMA Nanjing plant was just inaugurated in late September, which adds 160,000 units to our previous 250,000-unit capacity. This will better satisfy customer needs for our excellent products.” said Ford Motor (China) chairman and CEO Mei-Wei Cheng.
Mass production at CFMA’s Nanjing plant will begin on 30 October. The new plant’s initial annual capacity is 160,000 units. Changan Ford Mazda Automobile Nanjing plant will roll out the latest Mazda and Ford-branded small car models starting late this year.
The European-designed Focus has been the shiniest star in Ford’s China product lineup. Its nine-month retail sales volume of 90,249 units was up 69% year on year.
Sales by premium brands Volvo, Jaguar and Land Rover grew 72% year-on-year to 14,063 units.
