CHINA: Ford doubles ’03 sales in first half of ’04
Ford reportedly said on Wednesday it had sold 34,000 cars from its joint venture in China so far this year, double its nationwide sales for all of 2003, and putting it on track to hit a target of 65,000 units in 2004.
Ford reportedly said on Wednesday it had sold 34,000 cars from its joint venture in China so far this year, double its nationwide sales for all of 2003, and putting it on track to hit a target of 65,000 units in 2004.
Ford said in a statement cited by Reuters it had sold 20,000 Mondeos and 14,000 Fiestas as of July 28, compared with 17,000 cars sold in 2003 when the Detroit company’s local plant began operations.
The news agency noted that Ford’s car sales target for the year in China is less than 1% of its global production and about a tenth of arch-rival General Motors in China.
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