Ford Motor (F) China Sales Rose 15% in July 2016; YTD Sales up 6%
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Ford and its joint ventures in China continued their strong sales performance with 88,189 vehicles sold in July, up 15 percent compared to July 2015. Year-to-date sales for Ford, Changan Ford (CAF) and Jiangling Motor Corporation (JMC) total 652,836 vehicles, up 6 percent compared to the same time last year.
July sales for CAF, Ford's passenger car joint venture, reached 69,074 vehicles, up 20 percent compared to July 2015. Year-to-date sales for CAF accelerated past the half million mark with 503,719 vehicles sold, up 11 percent compared to last year.
CAF’s strong performance was led by the Ford Escort, which saw July sales up 82 percent, and the new Ford Focus, with monthly sales up 13 percent.
JMC, Ford's commercial vehicle investment in China, sold 17,748 vehicles in July, up 6 percent compared to last year. Year-to-date sales total 139,262 vehicles, down 5 percent.
Ford Motor Company China Retail Sales Performance | ||||||||||||
July 2016 | January – July | July 2015 | January – July | |||||||||
2016 | 2015 | |||||||||||
CAF | 69,074 | 503,719 | 57,748 | 452,726 | ||||||||
Imported Ford Vehicles | 1,367 | 9,855 | 2,243 | 17,099 | ||||||||
JMC | 17,748 | 139,262 | 16,789 | 147,027 | ||||||||
Total China | 88,189 | 652,836 | 76,780 | 616,852 | ||||||||
Editor’s note: Ford reports retail figures versus wholesale figures. The chart above reflects retail figures. JMC figures reflect only sales in China and exclude export sales. Lincoln sales in China are reported on a quarterly basis.
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