Ford (F) China Sales Fell 11% in April 2016

Ford’s (NYSE: F) year-to-date sales in China increased seven percent from 2015 with 391,294 vehicles sold. In April, Ford sold 82,324 vehicles, down 11 percent compared to April 2015.

Changan Ford Automobile (CAF), Ford's passenger car joint venture, delivered year-to-date sales of 303,213, up 14 percent from last year. CAF sold 58,802 vehicles in April, a decrease of 11 percent.

Ford’s portfolio of sport utility vehicles continues to be popular among Chinese consumers with year-to-date sales of the Ford Ecosport, Kuga, Edge, Explorer and Everest surpassing the 100,000 mark, up 27 percent compared to the same period last year. Ford introduced the newest members to its SUV lineup, the new Ford Kuga and the Ford Edge V6 Flagship, at the recent Auto China 2016.

The Ford Escort continues to be a top-seller for Ford, with year-to-date sales of the nameplate totaling 84,835 vehicles, up 69 percent compared to 2015.

Year-to-date sales for Jiangling Motors Corporation (JMC), Ford's commercial vehicle investment in China, totaled 82,471 vehicles, down 10 percent compared to the same time last year. In April, JMC’s sold 22,165 vehicles, down seven percent compared to April 2015.

Looking forward, CAF 1 Chongqing Assembly Plant, which produces the Ford Ecosport, Focus and Mondeo, will take downtime during the remainder of the second quarter due to planned maintenance. This downtime was reflected in the Ford Asia Pacific second quarter production volume of 345,000 units shared during Ford’s financial report April 28.

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