Serving the World's Largest Emerging Automobile Market
Home > Uncategorized > Ford China sales grow 40 percent in 2010 to 582,467 units

Ford China sales grow 40 percent in 2010 to 582,467 units

SHANGHAI – Ford Motor Co. announced a 40 percent increase of its vehicles sales in China to a record 582,467 units in 2010. The company also said in a statement it sold 56,880 units in the country last December, up 52 percent compared to the same month of 2009.

Chang’an-Ford-Mazda Automobile (CFMA), Ford’s passenger vehicle joint venture with China Chang’an Automobile Group and Mazda Motor Corp., sold 403,283 units last year, a 34 percent increase from 2009. 

Sales of Jiangling Motors Co. (JMC), a commercial vehicle maker in which Ford owns a 30 percent stake, rose 56 percent to 178,999 units in 2010.

Ford delivered 172,270 units of its Ford Focus and 75,199 units of its new Ford Fiesta in 2010, and the latter saw an increase of 59 percent year-on-year.

In 2010, Ford kept on expanding its production capacity in China through construction of the $300 million green-field plant in Nanchang together with its partner JMC. CFMA signed an MOU for a new $500 million engine plant in Chongqing, where a second CFMA assembly plant is currently under construction.

“We are grateful to our partners and Chinese consumers for yet another year of record growth in one of the world’s most dynamic markets,” said Joe Hinrichs, president of Ford’s Asia Pacific and Africa region and chairman and CEO of Ford Motor China. “It’s appropriate that in 2011, the year of the rabbit, we will be moving quickly to bring more of the vehicles Chinese consumers want and value while we continue to expand exponentially in China and across Asia Pacific.”

Beginning this year, Ford will introduce its EcoBoost engine and PowerShift transmission on select Ford Mondeo models, according to the company statement.

| |

Leave a Reply