SHANGHAI--(BUSINESS WIRE)--
Ford and its joint ventures in China sold 64,641 vehicles in February, up 2 percent compared to February 2016.
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Sales in the first two months for Ford, including JVs Changan Ford Automobile and Jiangling Motor Corporation, totaled more than 153,000 vehicles, a 21 percent decrease.
“We continue to see strong demand from Chinese customers for our 3-row Edge SUV and luxurious Taurus large sedan, along with our performance line-up led by our iconic Mustang,” said Peter Fleet, vice president, Marketing, Sales and Service. “We are also excited by the fantastic early response to the upcoming launch of our F-150 Raptor in China.”
Sales of Ford’s large SUVs, the Edge and Everest, and the Ford Taurus, continue to grow. Edge sales increased 20 percent in February while Everest sales increased 34 percent. Ford Taurus sales increased 9 percent in February compared to February 2016.
Ford performance vehicles remain popular for Chinese consumers with sales of the Ford Focus ST and RS up 67 percent compared to February 2016, while Ford Mustang sales more than doubled in February.
Monthly sales for Changan Ford Automobile (CAF) totaled 42,695 vehicles, down 12 percent compared to the same time last year. Year-to-date sales for CAF totaled 108,858 vehicles, down 32 percent.
CAF is rebuilding order banks in the first quarter after the strong close to 2016. Showroom traffic is improving and CAF expects 2017 to continue to strengthen with the launch key new vehicles such as the new EcoSport later this year.
Jiangling Motor Corporation sold 20,794 vehicles, a 48 percent increase compared to February 2016. Year-to-date sales for JMC totaled 41,043 vehicles, up 31 percent compared to the same time in 2016.
In February, Ford announced the Ford F-150 Raptor SuperCrew's pre-sale price of 560,000 RMB. This is the first time that the tough and powerful F-150 Raptor will be exported to China.
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Ford Motor Company China Retail Sales Performance |
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| February 2017 |
January – |
February 2016 |
January – |
||||||||||
| CAF | 42,695 | 108,858 | 48,263 | 160,119 | |||||||||
| Imported Ford Vehicles | 1,152 | 3,172 | 1,033 | 2,754 | |||||||||
| JMC | 20,794 | 41,043 | 14,054 | 31,309 | |||||||||
| Total Ford Brand China | 64,641 | 153,073 | 63,350 | 194,182 | |||||||||
Editor’s note: Ford reports retail figures in China. JMC figures exclude export sales. Lincoln sales in China are reported on a quarterly basis.
About Ford Motor Company
Ford Motor Company is a global automotive and mobility company based in Dearborn, Michigan. With about 201,000 employees and 62 plants worldwide, the company’s core business includes designing, manufacturing, marketing and servicing a full line of Ford cars, trucks and SUVs, as well as Lincoln luxury vehicles. To expand its business model, Ford is aggressively pursuing emerging opportunities with investments in electrification, autonomy and mobility. Ford provides financial services through Ford Motor Credit Company.
Ford's wholly owned subsidiaries, joint ventures and investment in China include Ford Motor (China) Limited, Ford Motor Research & Engineering (Nanjing) Co., Ltd., Ford Automotive Finance (China) Ltd., Changan Ford Automobile Co., Ltd., Changan Ford Mazda Engine Co., Ltd. and Jiangling Motors Co., Ltd.
For more information regarding Ford’s products, please visit http://corporate.ford.com and www.ford.com.cn.
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