Ford and its joint ventures in China have set another record for company performance in August, as sales for the month totalled 96,450 vehicles, up 22% year on year.
Year-to-date sales for Ford, Changan Ford (CAF) and Jiangling Motor Corporation (JMC) have reached nearly 750,000 vehicles, up 8% compared to the same time last year.
"We continue to build momentum in China on the strength of the most comprehensive and exciting Ford lineup we have ever offered Chinese customers," said Peter Fleet, head of marketing, sales and service, Asia Pacific. "Our new product surge continues this month with the launch of the new Kuga SUV with SYNC 3."
Monthly sales for CAF, Ford's passenger car joint venture, totalled 75,228 vehicles, up 26%. So far in 2016 CAF has sold 578,947 vehicles, up 13%.
Sales of small vehicles helped lead Ford's strong performance in August, with sales of the new Focus up 92% and sales of the Escort up 49% compared to August 2015. The Edge was another leader for Ford, with year-to-date sales up more than three-fold. The Taurus, Ford's flagship sedan, also continues to gain the share in non-premium large sedan segment in China.
JMC, Ford's commercial vehicle investment in China also saw strong August sales, selling 19,951 vehicles, a 16% increase. Year-to-date sales so far total 159,213 vehicles, down 3% compared to the same time last year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData