Investor News

Strong monthly sales performance pushes year-over-year growth to 13 consecutive months

CHONGQING, March 1, 2010 – In one of the typically slower months for China's auto industry, Changan Ford Sales Company today reported strong February sales of 18,193 Ford brand passenger vehicles, marking a 37.5 percent increase over the same period last year. The solid monthly sales performance also pushed the company’s year-over-year growth to 13 consecutive months.

Changan Ford saw consistent sales growth across its vehicle range in February, with Ford Focus sales rising more than 22 percent from the same month last year to 9,425 units, representing its best February sales since being launched in 2005. Ford Mondeo also achieved its best-ever February sales, rising more than 24 percent from a year ago, while Ford S-MAX recorded a significant 85 percent jump in sales versus the same period last year.

The Ford Fiesta continued to rack up strong sales in February of 4,857 units, boosting total sales to 59,362 units since its launch last year. The Fiesta also continued to add to its collection of more than 54 awards in China to date, including "Best Small Car of 2010" from sina.com and "Small Car of the Year" from China Auto Pictorial.

“February is traditionally one of the more quiet months in China's auto industry, so we're pleased to see our growth momentum continue, supported by some significant sales highlights for our Ford nameplates,” said Nigel Harris, the General Manager of Changan Ford Sales Company. “The sales growth of Changan Ford in February can be attributed to the great Ford products that Chinese customers continue to demand, helping us maintain a very strong start to the year.”

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Note: All Sales figures quoted are based on wholesale numbers.