FORD MOTOR COMPANY POSTS RECORD ANNUAL SALES IN CHINA; SALES RISE 14% TO 1.27 MILLION; LINCOLN DEMAND SURGES 180%
Ford Motor Company sales surged 23 percent in China in December, capping a record year for the automaker in the world’s largest new vehicle market. For all of 2016, Ford Motor Company sales totaled a best-ever 1.27 million vehicles, 14 percent higher than 2015. That total includes sales by joint ventures Changan Ford Automobile and Jiangling Motors Corporation, sales of Ford models imported to China and Lincoln, which has become the fastest growing luxury brand in China. In December alone, Ford and its joint ventures sold nearly 150,000 vehicles in China, up 21 percent over 2015. The growth was driven by strong demand for Ford’s expanded lineup of SUVs such as the Ford Edge and Explorer, the Ford Taurus large car, and performance vehicles such as the Ford Mustang.
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