- Ford China full-year 2021 sales exceed 624,000 units, up 3.7% year-over-year
- Fourth-quarter sales of more than 167,000 units are up 11.9% quarter-over-quarter
- Lincoln is among fastest-growing luxury brands in China, with 2021 sales surpassing 91,000 units
- Groundwork laid to deliver Ford+ plan for electric vehicle growth, with inauguration of direct-to-customer battery electric vehicle stores and local production of Mustang Mach-E for customers in China
SHANGHAI, Jan. 14, 2022 – Ford Motor Company achieved year-over-year growth of 3.7% in Greater China in 2021, with sales exceeding 624,000 units. This gain comes in a transformative year for Ford in China as it built the foundation for growth in the electric vehicle segment while facing an ongoing semiconductor shortage and periodic pandemic-related restrictions.
Fourth-quarter sales in Greater China saw double-digit growth quarter-over-quarter of 11.9%, exceeding 167,000 units as inventory improved and demand rose for Ford brand passenger vehicles. Ford brand passenger vehicle sales of more than 72,000 units alone delivered an 18.1% gain quarter-over-quarter.
Lincoln continued its upward trajectory in China, becoming one of the fastest-growing luxury brands. Record sales of more than 91,000 units for full-year 2021 are up 48.3% year-over-year, including more than 25,000 units in the fourth quarter, which reflects a quarterly sales increase of 13.1% over a year ago.
Ford has laid the groundwork for its electrification push in China with the inauguration of its first 25 direct-to-customer battery electric vehicle stores. In addition, local production of Mustang Mach-E began in October with the first customers taking delivery in December – a milestone in Ford’s focus to deliver a key Ford+ plan growth segment.
“Ford starts 2022 with strong momentum from the execution of our China 2.0 plans centered on a robust portfolio and electrification,” said Anning Chen, president and CEO, Ford China. “The steady rollout of new vehicles – including the locally built Ford Mustang Mach-E, Ford EVOS and Lincoln Zephyr – combined with the launch of Ford’s network of direct-to-customer battery electric vehicle stores positions us well for growth ahead.”
Full-year, year-over-year highlights
- Lincoln achieved record sales of more than 91,000 units, up 48.3%:
- Lincoln Corsair is among the top-five best-selling vehicles in its segment, achieving full-year sales exceeding 50,000 units, up 57%
- All-new Lincoln Zephyr debuted at Auto Guangzhou 2021 and has already received more than 2,300 pre-orders
- Ford passenger vehicle sales exceeded 237,000 units, down 1.4%:
- Ford SUV sales surpassed 140,000 units, up 0.6%
- Strong demand for sedans contributed to growth, including Ford Mondeo sales of more than 34,000 units up 34.1%, Ford Escort sales of 39,000 units up 0.1%, and Ford Taurus sales of 8,000 units up 13.5%
- Ford and JMC commercial vehicle sales exceeded 264,000 units, down 1.8%:
- Ford Transit sales exceeded 51,000 units, up 1.4%
- JMC brand commercial vehicle sales surpassed 211,000 units, down 2.2%