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Ford in China Sells 88,432 Vehicles in January; Edge, Mustang Set Best-e.....

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Ford in China Sells 88,432 Vehicles in January; Edge, Mustang Set Best-ever Monthly Sales Record

  • Ford and its joint ventures in China sold 88,432 vehicles in January
  • Changan Ford Automobile sold 66,163 vehicles
  • Jiangling Motor Corporation sold 20,249 vehicles

Ford and its joint ventures in China sold more than 88,000 vehicles in January with the Edge SUV and Mustang recording all-time record months.

Total sales for Ford, including JVs Changan Ford Automobile and Jiangling Motor Corporation, were down 32 percent versus January 2016. The overall results were adversely affected by two factors:

  • Many Chinese buyers pulled ahead the purchase of vehicles late last year to take advantage of a tax break on vehicles with smaller displacement engines, which was halved on Jan. 1. 
  • January had five fewer selling days this year versus last year due to the timing of the Chinese New Year.

“January was an unusual month with the earlier timing of the Chinese New Year holiday and the impact of the reduced tax incentive” said Peter Fleet, vice president, Marketing, Sales and Service.  “Sales of vehicles not affected by the tax incentive were strong. In fact, the Edge, Explorer and Mustang all saw an increase over a year ago despite the fewer selling days. So the underlying market conditions and customer demand for our exciting new products remains strong.”

Ford’s performance family continues to gain popularity with sports car enthusiasts as sales of the Ford Mustang more than doubled, setting another best-ever monthly sales record, and Focus ST and RS sales increased 64 percent compared to January 2016.

Monthly sales for Changan Ford Automobile, Ford’s passenger car joint venture in China, totaled more than 66,000 vehicles, down 41 percent compared to the same time last year.

Jiangling Motor Corporation, Ford's other joint venture in China, saw a strong January, selling more than 20,000 vehicles, a 17 percent increase compared to January 2016.

Ford Motor Company China Retail Sales Performance

 

January 2017

January 2016

CAF

66,163

111,856

Imported Vehicles

2,020

1,721

JMC

20,249

17,255

Total China

88,432

130,832

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