Ford Motor : China July Sales

Ford Reports July Sales in China

JULY 2018 SALES
Total Ford Motor Company Sales	CAF	JMC	Lincoln	Imported Ford Brand Vehicles
July 2018	57,662	33,037	18,711	4,515	1,399
vs. July 2017	-32%	-43%	-5%	2%	-18%
Year-to-date 2018	458,105	265,357	154,672	28,829	9,247
vs. Year-to-date 2017	-26%	-37%	-5%	4%	-19%

NEWS

INSIGHTS

Peter Fleet

President, Ford Asia Pacific Chairman & CEO, Ford China

Overall Ford Motor Company China sales totaled 57,662 vehicles in July, a 32 percent decline year over year.

The sales of Lincoln China totaled more than 4,500 vehicles in July, a two percent increase year over year. Monthly sales of Lincoln MKC were up 14 percent year over year, while monthly sales of the all-new Lincoln Navigator flagship SUV were up 68 percent year over year.

The iconic Ford F-150 Raptor became the leading performance pickup truck in China, with monthly sales in July up 45 percent and year-to-date sales up 69 percent.

"We are intensely focused on a comprehensive Sales Turnaround Plan that includes an aggressive cadence of product introductions to meet the needs of our Chinese customers, beginning with the all-new Ford Focus and new Escort," said Peter Fleet, president of Ford Asia Pacific and chairman & CEO of Ford China. "Looking ahead, we will provide our customers with even more choices tailored to local preferences."

Ford continues to make progress on its China 2025 Plan with new product offerings across all vehicle segments. The company just announced the Ford Territory, a midsize SUV jointly developed by Ford and JMC, offering attractive pricing, great looks and a host of intuitive technologies to better meet the needs of Chinese customers.

"We announced the all-new Ford Territory this week -- a new SUV aimed at China's fastest-growing segment - SUV buyers in smaller but fast-growing cities," said Fleet. "Territory is available with fuel-efficient gas engine, 48V mild hybrid, or plug-in hybrid, and Co-Pilot360™ suite of driver assistance technologies and FordPass Connect with embedded modem. And it will be affordable for young families and new buyers across China."

In June, Ford also launched the new Ford Ranger Wildtrak midsize pickup.

Editor's Note: Ford Motor Company releases retail sales figures in China.

• • The year-to-date sales for Ford Motor Company in China totaled more than 458,000 units, a 26 percent decrease year over year.

• • Monthly sales for Changan Ford Automobile (CAF) totaled more than 33,000 vehicles, down 43 percent compared to July last year.

• • The year-to-date sales for CAF totaled more than 265,000 vehicles, down 37 percent compared to the same period in 2017.

• • Jiangling Motor Corporation (JMC) sold nearly 19,000 vehicles in July, down five percent compared to July 2017.

• • The year-to-date sales for JMC totaled nearly 155,000 vehicles, down five percent compared to the same period in 2017.

• • Monthly sales of Lincoln reached more than 4,500 vehicles in July, a two percent increase compared to July 2017.

• • The year-to-date sales for Lincoln totaled nearly 29,000 vehicles, a four percent increase year over year.

KEY VEHICLES

Monthly sales of Lincoln MKC were up 14 percent year over year.

Lincoln MKC

Ford F-150 Raptor

Ford Territory

Ford F-150 Raptor continues its sales momentum to become the leading performance pickup in China. Sales of the vehicle in July were up 45 percent. The year-to-date sales were up 69 percent.

Ford Territory combines JMC's insights on Chinese consumer tastes with Ford's global expertise in vehicle design, engineering, testing and manufacturing. The vehicle will go on sale in early 2019.

Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions. Ford employs approximately 201,000 people worldwide. For more information regarding Ford, its products and Ford Motor Credit Company, please visitwww.corporate.ford.com.

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 Automobile Co., Ltd., Changan Ford Mazda Engine Co., Ltd., Jiangling Motors Co., Ltd., and Zotye Ford Automobile Co. Ltd., which will start operations in 2018. Subject to regulatory approval, Zotye Ford will produce small all-electric vehicles under a new indigenous brand.

Ford Reports July Sales In China

JULY 2018 SALES
July 2018		Year-To-Date 2018		July 2017	Year-To-Date 2017
Units	YOY	Units	YOY	Units	Units
Changan Ford (CAF)
Escort	12,908	-31%	94,133	-29%	18,679	132,350
Focus	5,908	-50%	45,521	-48%	11,790	87,504
Mondeo	3,600	-55%	32,798	-38%	7,981	53,003
Taurus	728	-64%	7,525	-55%	2,006	16,727
EcoSport	1,129	-62%	11,087	-33%	2,992	16,486
Kuga	3,371	-54%	28,526	-43%	7,351	50,135
Edge	5,393	-28%	45,767	-26%	7,489	61,830
TOTAL CAF	33,037	-43%	265,357	-37%	58,288	418,037
JMC
Ford Transit	2,961	-1%	21,899	-13%	3,003	25,155
Ford Tourneo	291	-27%	2,059	-25%	397	2,740
Ford Everest	545	-28%	4,470	-15%	753	5,260
Yusheng S330	21	-98%	2,524	-79%	965	11,956
Yusheng S350	439	-61%	4,324	-60%	1,112	10,858
JMC Pickup	4,655	6%	39,298	3%	4,388	38,093
JMC Teshun	2,904	9%	21,686	147%	2,658	8,781
JMC Light Truck	6,809	5%	57,827	-4%	6,496	60,410
JMC Heavy Truck	86	N/A	585	N/A	-	-
TOTAL JMC	18,711	-5%	154,672	-5%	19,772	163,253
Lincoln
MKZ	1,038	8%	6,486	-2%	963	6,599
Continental	890	-7%	6,346	26%	956	5,041
MKC	1,508	14%	8,890	-10%	1,325	9,897
MKX	866	-18%	5,902	6%	1,051	5,591
Navigator	213	68%	1,205	74%	127	692
TOTAL LINCOLN	45,15	2%	28,829	4%	4,422	27,820
Imported Vehicles
Focus ST/RS	36	57%	172	-7%	23	185
Mustang	293	-21%	1,950	-20%	370	2,440
Explorer	802	-17%	5,991	-22%	970	7,717
F-150 Raptor	237	45%	1,103	69%	163	651
Ranger	31	N/A	31	N/A	-	-
Other	-	-100%	-	-100%	175	459
TOTAL Imported	1,399	-18%	9,247	-19%	1,701	11,452
TOTAL FORD	57,662	-32%	458,105	-26%	84,183	620,562