CHINA TOPIX

04/25/2024 07:49:36 pm

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Ford Sets Annual Sales Record in China

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(Photo : Getty) The Ford Motor Company set a record for sales in China in 2015 as annual sales of its vehicles hit more than 1.1 million, up 3% from last year.

The Ford Motor Company set a record for sales in China in 2015 as annual sales of its vehicles hit more than 1.1 million, up 3% from last year. The company also reported monthly sales for December jump 27% from the same period last year to a new record of 124,768 vehicles.

 "2015 was another strong year for Ford in China with growth in sales and our product portfolio," said John Lawler, CEO of Ford Motor China in a statement. "Our record performance sets the stage for 2016, as we continue to expand our portfolio."

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Changan Ford Automobile, Ford's passenger car joint venture, also broke records for both annual and December sale. Changan sold 836,425 vehicles in 2015, up 7% from 2014. December sales totaled 96,960 vehicles, an increase of 49% compared to December 2014.

Demand for the new Ford Mondeo helped drive annual and December sales performance for CAF. Annual sales of the sedan totaled 113,990, up 8 percent compared to 2014, and December sales reached 13,995 vehicles, up 42 percent compared to December 2014.

Sport utility vehicles sales also were strong in 2015. Annual sales of the Ford Ecosport, Kuga, Edge, Explorer and Everest surpassed the quarter million mark for the first time with 274,188 vehicles sold, up 13 percent compared to 2014. December was Ford's strongest month to date for SUV sales with 32,290 vehicles sold, up 56 percent compared to December 2014.

Jiangling Motors Corporation, Ford's commercial vehicle investment in China sold 253,359 vehicles in 2015, down 6% from the previous year. December sales totaled 26,391 vehicles, down 12% compared to December 2014 reflecting continued weakness in the overall commercial vehicle industry.

 

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