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Ford Delivers Record October in China; Mustang, Explorer, New Edge and Small Sedans Drive Up 14%
- Ford and its joint ventures sold 107,618 vehicles in October, up 14 percent; Mustang, Explorer, New Edge, Focus and Escort drive sales increase
- Changan Ford Automobile sold 82,368 vehicles, up 10 percent
- Jiangling Motor Corporation sold 23,949 vehicles, up 29 percent
Ford and its joint ventures in China continued to build momentum in China, posting record October sales of 107,618 vehicles, up 14 percent compared to October 2015.
Year-to-date sales for Ford, Changan Ford and Jiangling Motor Corporation total 966,000 vehicles, up 10 percent.
“We had a strong October and we are headed for our best year ever for sales in China,” said Peter Fleet, vice president of Marketing, Sales and Service, Asia Pacific. “We are seeing the benefits of a much more exciting lineup and an ever stronger focus on the wants and needs of Chinese customers.”
Monthly sales for CAF, Ford's passenger car joint venture, totaled 82,368 vehicles, up 10 percent compared to October 2015. So far in 2016 CAF has sold 745,650 vehicles, up 14 percent compared to last year.
Sales of the iconic Ford Mustang remained strong in October, up 60 percent compared to October 2015. Ford’s SUVs also continue to perform well. Ford Edge sales rose 93 percent in the month while Explorer sales rose 30 percent.
Small sedans also continue to be a bright spot for Ford, with sales of the Ford Focus up 15 percent and sales of the Ford Escort up 34 percent.
JMC, Ford's commercial vehicle investment in China also saw a strong October, selling 23,949 vehicles, a 29-percent increase compared to October 2015. Year-to-date sales accelerated past the 200,000 mark, up 3 percent compared to the same time last year.
Ford Motor Company China Retail Sales Performance
|
October 2016 |
January – October 2016 |
October 2015 |
January – October 2015 |
CAF |
82,368 |
745,650 |
74,820 |
654,919 |
Imported Ford Vehicles |
1,301 |
13,953 |
1,295 |
22,794 |
JMC |
23,949 |
206,578 |
18,632 |
201,124 |
Total China |
107,618 |
966,181 |
94,747 |
878,837 |
About Ford Motor Company
Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with customers to enrich experiences for customers and deepen their loyalty. Ford develops and delivers innovative, must-have Ford trucks, sport utility vehicles, commercial vans and cars and Lincoln luxury vehicles, along with connected services. The company does that through three customer-centered business segments: Ford Blue, engineering iconic gas-powered and hybrid vehicles; Ford Model e, inventing breakthrough EVs along with embedded software that defines exceptional digital experiences for all customers; and Ford Pro, helping commercial customers transform and expand their businesses with vehicles and services tailored to their needs. Additionally, Ford provides financial services through Ford Motor Credit Company. Ford employs about 177,000 people worldwide. More information about the company and its products and services is available at corporate.ford.com.
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