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- Ford Motor China delivered first-half sales of 172,411 units, up 21% compared with same period last year.
- Ford Motor's passenger car joint-venture, Changan Ford Mazda Automobile (CFMA), increased sales by 25 percent year-over-year to 116,903 units.
- Ford Motor's commercial vehicle investment in China, Jiangling Motors Corporation (JMC), recorded sales of 52,000 units, with Ford Transit sales up 17 percent over the same period last year
SHANGHAI – July 8, 2008 – Ford Motor China posted sales of 172,411 units for the first-half of 2008, a 21-percent increase over the same period last year. First-half sales of Ford brand passenger cars and commercial vehicles reached 103,698 units, a 15-percent year-over-year increase.
"Despite challenging events that had significant impact in China and on the economy as a whole this year, we were still able to achieve healthy growth through the first six months," said Robert Graziano, president and CEO of Ford Motor China. "In addition to our strong sales, we continued to improve the quality of our products, broaden our brand-building efforts, and expand our aftersales and service network in China."
Ford Motor's passenger car joint-venture, Changan Ford Mazda Automobile (CFMA) delivered first-half sales of 116,903 units, a 25 percent year-over-year increase. According to data released recently by China Passenger Car Association, CFMA kept its Top 10 manufacturers ranking in each of the first five months this year.
Jiangling Motors Corporation, Ford Motor's commercial vehicle investment in China, delivered 52,000 units sales for the first half, a 14 percent growth over last year. This included a 17 percent year-over-year increase in sales of the popular Ford Transit.
The Ford brand line-up produced by CFMA includes Ford Focus, new Ford Mondeo and Ford S-MAX. The Ford Mondeo safety upgrade version, Ford S-MAX 7-seat safety upgrade version and Ford S-MAX 5-seat version were introduced to the market during the second quarter. Ford also continued to expand its sales and service network across China, and now has more than 300 customer support locations covering the entire country.
"Ford will launch our new global small car in China, the new Ford Fiesta, in the second half of this year," said Graziano. "As gasoline prices continue to reach record levels in China, consumers have put more emphasis on fuel efficiency in their vehicle purchase decisions. The new Ford Fiesta is the right product coming to the market at the right time."
“With the launch of the new Ford Fiesta, our product offering in China will cover a full range of vehicles from small cars to MPVs to light buses, placing us in an even better position to satisfy Chinese customer needs,” added Graziano.
Ford Motor China 2008 First Half Sales Performance
|
Passenger car |
Commercial vehicle |
Total |
||
CFMA |
Volvo |
JMC |
|||
Ford brand |
Others |
Imported |
Ford and Jiangling brands |
||
2007 1H |
77,650 |
15,986 |
2,732 |
45,728 |
142,096 |
2008 1H |
88,965 |
27,938 |
3,508 |
52,000 |
172,411 |
Growth |
15% |
75% |
28% |
14% |
21% |
# # #
Editor notes:
1. The overall sales volume of 172,133 includes Ford and Volvo brands, plus the locally-produced
Mazda 2 and Mazda 3.
2. The sale of Jaguar and Land Rover was completed on June 2, 2008. This report does not include sales
data for these two brands.
3. China Passenger Car Association's Top 10 manufacturers rankings for June have not yet been
released
About Ford Motor in China
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles in 200 markets across six continents. With about 245,000 employees and about 100 plants worldwide, the company's core and affiliated automotive brands include Ford, Lincoln, Mercury, Volvo and Mazda. The company 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 Mazda Automobile Co., Ltd., Changan Ford Mazda Automobile Co., Ltd. Nanjing Company, Changan Ford Mazda Engine Co., Ltd., and Jiangling Motors Co., Ltd.
For more information regarding Ford's products, please visit www.ford.com and www.ford.com.cn.