CBI member Ford Motor Company and its joint ventures in China continued their strong sales performance, with 88,189 vehicles sold in July 2016, up 15% compared to the same month last year. Year-to-date sales for Ford, Changan Ford (CAF), and Jiangling Motor Corporation (JMC) totaled 652,836 vehicles, up 6% compared to the same period in 2015.
July sales for CAF, Ford’s passenger car joint venture, reached 69,074 vehicles, up 20% compared to July 2015. Year-to-date sales for CAF accelerated past the half million mark, with 503,719 vehicles sold, up 11% compared to last year. CAF’s strong performance was led by the Ford Escort, which saw July sales up 82%, and the new Ford Focus, with monthly sales up 13%.
JMC, Ford’s commercial vehicle investment in China, sold 17,748 vehicles in July, up 6% compared to last year. Year-to-date sales totalled 139,262 vehicles, down 5%.
Please read more here.