- Ford Motor Company achieved record first quarter sales of 90,791 units in China
- Ford brand passenger vehicles posted sales of 47,214 units, a 54 percent year-over-year increase.
- Ford’s
passenger car joint-venture, Changan Ford Mazda Automobile (CFMA),
increased year-over-year sales volume by 58 percent to 61,789 units
- Ford
Motor’s commercial investment in China, Jiangling Motor Corporation
(JMC), recorded sales of 23,785 units, with Ford Transit sales up 19
percent.
Ford Motor China delivered record first quarter sales
of 90,791 units, a 47 percent year-over-year increase, continuing the
company’s strong growth in the critical China market and outpacing the
overall industry.
Ford posted record first quarter sales
despite the severe winter storms that slowed commerce in China in
January and February.
“Ford Motor Company has now
achieved four consecutive years of strong, continuous growth in China,”
said Robert Graziano, president and CEO of Ford Motor China. “Our first
quarter performance clearly indicates that our brand momentum is still
very strong.”
Ford brand passenger vehicles posted first quarter sales of 47,213 vehicles, a 54 percent year-over-year increase.
“Continued
strong sales of Ford Focus, Ford S-MAX, Ford Transit and the new Ford
Mondeo helped drive our successful start to the year,” added Graziano.
“We expect our new model introductions this year in China will allow us
maintain significant growth through 2008.”
Changan Ford Mazda Automobile (CFMA)
Ford Motor’s passenger car joint-venture, Changan Ford Mazda Automobile
(CFMA), posted first quarter sales of 61,789 units, or a 58 percent
year-over-year increase.
The Ford brand line-up
produced by CFMA includes Ford Focus, the new Ford Mondeo and Ford
S-MAX. Sales of the Ford Focus, one of the ten best-selling cars in
China last year, continued to accelerate in the first quarter, rising
by 58 percent year-over-year to 32,326 units.
Lauded for
its design and driving dynamics, the new Ford Mondeo achieved first
quarter sales of 13,391 units. The popular Ford S-MAX line will be
enhanced with a new 5-seat version that will make its debut at Auto
China 2008 in Beijing on April 19.
Jiangling Motor Corporation (JMC)
Jiangling Motor Corporation, Ford Motor's commercial vehicle investment
in China, delivered 23,785 commercial vehicle sales for the first
quarter, including Ford Transit sales of 6,908. The company introduced
a new Ford Transit in January, which boasts a class-leading design,
features and advanced technology.
“We certainly need to be
aware of both global and local economic conditions through the
remainder of the year, but consumer demand for Ford vehicles remains
very strong in China straight across our product range, and we continue
to be very confident in our outlook,” Graziano said. “Ford Motor
Company is accelerating the introduction of new products with advanced
technologies, and we plan to further expand our operations in China by
continuing with their introduction in the China market.”
Editor's Note:
Following industry practice, Ford Motor China will report sales
performances of its joint-ventures and invested companies in China,
including passenger cars and commercial vehicles produced by Changan
Ford Mazda Automobile Co., Ltd. (CFMA) and Jiangling Motor Corporation
(JMC), respectively. CFMA produces passenger cars under the Ford, Mazda
and Volvo brands. JMC produces commercial vehicles under the Ford and
Jiangling brands. The report also includes sales of imported cars under
the Volvo, Jaguar and Land Rover brands .
Ford Motor China 2008 Q1 Sales Performance
|
|
Passenger car |
Commercial vehicle |
Total |
|
CFMA |
Volvo, Jaguar and Land Rover |
JMC |
|
Ford brand |
others |
Imported |
Ford and Jiangling brands |
|
2007 Q1 |
30,693 |
8,414 |
2,579 |
20,015 |
67,701 |
|
2008 Q1 |
47,213 |
14,576 |
5,217 |
23,785 |
90,791 |
|
Growth |
54% |
73% |
102% |
19% |
47% |
1Sales
data of Jaguar and Land Rover are still included in Ford Motor China's
Q1 sales figures. Ford Motor China Q1 sales, not including Jaguar and
Land Rover, are 87,332 units.