10.13Ford Q3 China sales surge 79% to 119,338 units

Ford Q3 China sales surge 79% to 119,338 units

 

http://autonews.gasgoo.com/auto-news/1012511/Ford-Q3-China-sales-surge-79-to
-119-338-units.html

 

Shanghai, October 13 (Gasgoo.com) Ford Motor sold 119,338 vehicles in China
in the third quarter (ended Sept. 30), up 79% from a year earlier, the
company said in its press release today. Through the first three quarters of
the year, its China sales rose 32% to 316,639 units.

 

September sales of Ford-branded cars made by Changan Ford Mazda Automobile,
Ford's passenger-car joint venture in China, more than doubled from a year
earlier to 23,616 units. The venture posted record sales of 227,839 units in
the first nine months, up 43% year on year (y/y).

 

In the third quarter, Changan Ford Mazda achieved sales of 87,454 units, up
104% y/y, with all-time monthly sales in September of Ford brand vehicles
that soared 107% y/y.

 

In September, the Ford Fiesta achieved its best monthly sales of 5,009
units, reaching total sales of 32,178 since its March launch. Ford Focus
also achieved its all-time best monthly sales last month with 13,891 units,
surging 72%y/y to bring its nine-month sales to 99,109 units.

 

Ford Mondeo and Ford S-MAX contributed to the robust growth with September
sales rising nearly 40% and 68%, respectively.

 

Jiangling Motors, Ford's commercial vehicle investment in China, achieved
record sales of 82,718 units in January-September, with 23,520 units of Ford
Transit sold, leading the country's high-end light commercial van segment.

 

In late September, Changan Ford Mazda broke ground at a $490 million new
plant in Chongqing, which will increase the passenger car venture's annual
capacity to 600,000 units by 2012.

 

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