Ford China Sells 30,000 Vehicles in January
SHANGHAI, China, 8 February 2012 – Due to reduced inventory levels and a shorter January sales month due to the Chinese Spring Festival holiday, Ford China maintained steady sales in January with 30,976 wholesale vehicles sold compared to 53,340 wholesale vehicles last year.
Ford China ended 2011 with strong sales which depleted inventories prior to January. Ford China sold 519,390 wholesale vehicles in 2011, a 7 percent increase from 2010, and nearly 50,000 vehicles in December, 2011.
As part of its aggressive expansion in China and in order to increase capacity to meet demand, Ford and its joint venture Changan Ford Mazda Automotive Ltd. (CFMA) are opening a new assembly plant in Chongqing in the first quarter. The new facility will build the all-new Ford Focus which has achieved record sales internationally.
In January, Ford's passenger vehicle joint-venture in China, Changan Ford Mazda Automobile (CFMA) sold 18,324 Ford-brand wholesale vehicles compared to 31,904 last year.
Ford's commercial vehicle investment in China, Jiangling Motors Corporation (JMC), sold 12,045 wholesale vehicles this month compared to 20,966 wholesale vehicles in January 2011.
Ford China remains on track for sustainable growth in 2012 and will introduce 15 new models to China by 2015, bringing Chinese consumers a wide range of high-quality, fuel-efficient, safe vehicles equipped with smart technology that they can both love and afford.
Editor’s note: All sales figures quoted are based on wholesale numbers.
About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 164,000 employees and about 70 plants worldwide, the company’s automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company.Ford Motor China Ltd,, established in 1995, is responsible for manufacturing, marketing and servicing Ford-branded vehicles in China. Today’s Ford vehicle line-up in China includes Edge, Fiesta, Focus, Mondeo, S-MAX and Transit. With over 20,000 employees across the country, 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 Mazda Automobile Co., Ltd., Changan Ford Mazda Automobile Co., Ltd. Nanjing Company, Changan Ford Mazda Engine Co., Ltd. and Jiangling Motors Co., Ltd.For more information regarding Ford’s products, please visit www.ford.com and www.ford.com.cn.