Ford Motor Company First Half Sales in China Up Six Percent, Accelerating Past Half Million Mark
July 07 2016 - 02:00AM
Business Wire
- Ford Motor Company first half sales in
China total 577,097 vehicles, up 6 percent
- Changan Ford Automobile first half
sales total 434,645 vehicles, up 10 percent; 64,377 vehicles sold
in June, up 4 percent
- Jiangling Motor Corporation first half
sales total 121,514 vehicles, down 7 percent; 19,351 vehicles sold
in June, up 5 percent
- Lincoln first half sales in China total
12,450 vehicles, an almost three-fold increase and exceeding 2015
full-year sales
Ford Motor Company continued its strong performance in China
with vehicle sales in the first half for Ford, Lincoln and its
joint ventures reaching 577,097 vehicles, a 6 percent increase
compared to the same time last year.
Vehicle sales for Ford and its joint ventures in the first half
were up 5 percent over last year to 564,647, with June accounting
for 85,105 units sold. June results were 3 percent higher than June
2015.
“We continue to see solid growth in China during the first
half,” said Dave Schoch, Ford Motor Company group vice president
and president of Asia Pacific. “Even as the pace of growth slows
and the market matures, customers continue to respond well to our
products, particularly our world-class SUV lineup.”
Demand for Ford and Lincoln sport utility vehicles (SUVs)
continues to be high in the first half of 2016, with combined sales
of the Ford EcoSport, Kuga, Edge, Everest and Explorer and Lincoln
MKC, MKX and Navigator surpassing 150,000 vehicles, a 27 percent
increase over 2015.
The Ford Edge saw sales surpass the 50,000 mark during the first
half. First half sales for the Ford Explorer increased nearly 50
percent over last year to 6,884.
First half sales for Changan Ford Automobile (CAF), Ford's
passenger car joint venture, reached 434,645 vehicles, a 10 percent
increase compared to last year. In June, CAF sold 64,377 vehicles,
up 4 percent compared to June 2015.
Jiangling Motors Corporation (JMC), Ford's commercial vehicle
investment in China, sold 19,351 vehicles in June, an increase of 5
percent compared to last year. First-half sales totaled 121,514
vehicles, down 7 percent.
Lincoln continues to see strong growth in China with 12,450
vehicles sold in the first half of 2016, an almost three-fold
increase compared to last year. With this, the luxury brand already
has exceeded last year’s full-year sales of 11,630.
Ford Motor Company China Retail Sales
Performance
June 2016 January – June 2016
June 2015 January – June 2015 CAF 64,377
434,645 61,979 394,978 Imported Ford Vehicles
1,377 8,488 2,511 14,856 JMC 19,351
121,514 18,496 130,238
Total China
(Excluding Lincoln) 85,105 564,647
82,986 540,072 Lincoln
12,450 4,285
Total Ford Motor
Company China 577,097
544,357
Editor’s note: Ford reports retail figures versus wholesale
figures. The chart above reflects retail figures. JMC figures
reflect only sales in China and 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 201,000 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 is aggressively
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 and 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 more information regarding Ford’s products, please visit
http://corporate.ford.com and www.ford.com.cn.
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version on businesswire.com: http://www.businesswire.com/news/home/20160706006447/en/
Ford Motor CompanyJonathan Mao, + 86 21 2032
2202ymao5@ford.comMary Katherine Lim, +86 21 2032
2631msmi1108@ford.com
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