Ford Reports September Sales in China
SEPTEMBER 2018 SALES | |||||
Total Ford Motor Company Sales | CAF | JMC | Lincoln | Imported Ford Brand Vehicles | |
September 2018 | 64,383 | 35,540 | 22,094 | 5,476 | 1,273 |
vs. September 2017 | -43% | -55% | -15% | 1% | -16% |
Year-to-date 2018 | 585,171 | 335,438 | 197,774 | 39,617 | 12,342 |
vs. Year-to-date 2017 | -30% | -41% | -6% | 4% | -15% |
NEWS
INSIGHTS
Peter Fleet
President, Ford Asia Pacific Chairman & CEO, Ford China
Ford Motor Company China sales totaled 64,383 vehicles in September, a 43 percent decline year over year.
The sales of Lincoln China totaled 5,476 vehicles in September, up one percent year over year. Monthly sales of Lincoln Navigator and Lincoln MKZ were up 21 percent and 28 percent, respectively.
Monthly sales of JMC Teshun commercial vans were up 10 percent year over year, the iconic Ford F-150 Raptor continued its strong sales momentum in September.
"We are intensely focused on our sales turnaround plan in China, which includes an aggressive cadence of product introductions to meet the needs of our Chinese customers, including the launch of the highly anticipated all-new Ford Focus," said Peter Fleet, president of Ford Asia Pacific and chairman & CEO of Ford China. "We believe the new products, which have been custom-designed and developed with Chinese customers in mind, will help us to regain momentum in the world's largest auto market."
The company will reveal the all-new Ford Territory, the midsize SUV tailor-made for Chinese customers, next week in Qingdao. The new Territory is a good proof point of the close collaboration between Ford and its joint venture partner, JMC, to offer a bold design, advanced technologies and the latest infotainment and connectivity systems, all at an attractive price.
• The year-to-date sales for Ford Motor Company in China totaled more than 585,000 units, a 30 percent decrease year over year.
• Monthly sales for Changan Ford Automobile (CAF) totaled nearly 36,000 vehicles, down 55 percent compared to September last year.
• The year-to-date sales for CAF totaled more than 335,000 vehicles, down 41 percent compared to the same period in 2017.
• Jiangling Motor Corporation (JMC) sold more than 22,000 vehicles in September, down 15 percent compared to September 2017.
• The year-to-date sales for JMC totaled nearly 198,000 vehicles, down six percent compared to the same period in 2017.
• Monthly sales of Lincoln reached nearly 5,500 vehicles in September, up one percent compared to September 2017.
• The year-to-date sales for Lincoln totaled nearly 40,000 vehicles, a four percent increase year over year.
KEY VEHICLES
All-New Ford Focus
All-New Ford Focus will arrive in dealer showrooms soon. Designed with Chinese customers in mind, it is available with advanced EcoBoost engines and 8-speed transmissions for a spirited driving experience. It is the most technologically advanced Focus ever with FordPass Connect, and available Co-Pilot 360, our segment-leading suite of driver-assist technologies
In September, Ford Smart Mobility LLC, a wholly owned subsidiary of Ford Motor Company, and Zotye Auto, signed a definitive joint venture agreement to establish Zotye Ford Smart Mobility Technology Co., Ltd., a 50:50 JV that will focus on providing smart, customized all-electric vehicle mobility solutions to fleet operators and drivers in China's fast-growing ride-hailing market.
"This new JV will enable us to move even faster in delivering smart solutions to cities and improving the commuter experience as part of our 'In China, For China' strategy," said Fleet.
All-New Ford Territory, the midsize SUV tailor-made for Chinese customers, will make its global debut in mid-October.
All-New Ford Territory
Editor's Note: Ford Motor Company releases retail sales figures in China.
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.,. Subject to regulatory approval, Zotye Ford will produce small all-electric vehicles under a new indigenous brand.
Ford Reports September Sales In China
September 2018 SALES | ||||||
September 2018 | Year-To-Date 2018 | September 2017 | Year-To-Date 2017 | |||
Units | YOY | Units | YOY | Units | Units | |
Changan Ford (CAF) | ||||||
Escort | 14,362 | -54% | 122,467 | -35% | 31,112 | 187,587 |
Focus | 6,022 | -61% | 57,461 | -51% | 15,266 | 116,163 |
Mondeo | 4,290 | -63% | 40,642 | -45% | 11,594 | 73,864 |
Taurus | 681 | -67% | 8,974 | -57% | 2,039 | 20,816 |
EcoSport | 1,188 | -35% | 13,481 | -41% | 1,836 | 22,736 |
Kuga | 3,534 | -62% | 35,876 | -47% | 9,347 | 67,393 |
Edge | 5,463 | -36% | 56,537 | -28% | 8,506 | 78,178 |
TOTAL CAF | 35,540 | -55% | 335,438 | -41% | 79,700 | 566,739 |
JMC | ||||||
Ford Transit | 4,018 | -6% | 29,240 | -10% | 4,262 | 32,519 |
Ford Tourneo | 390 | -29% | 2,808 | -25% | 550 | 3,741 |
Ford Everest | 659 | -39% | 5,654 | -20% | 1,086 | 7,070 |
Yusheng S330 | 65 | -93% | 2,737 | -80% | 874 | 13,401 |
Yusheng S350 | 436 | -68% | 5,249 | -61% | 1,355 | 13,391 |
JMC Pickup | 4,974 | -25% | 50,090 | 0 | 6,613 | 50,258 |
JMC Teshun | 3,560 | 10% | 28,400 | 88% | 3,223 | 15,107 |
JMC Light Truck | 7,890 | -1% | 72,815 | -4% | 7,994 | 75,758 |
JMC Heavy Truck | 102 | 500% | 781 | 4,494% | 17 | 17 |
TOTAL JMC | 22,094 | -15% | 197,774 | -6% | 25,974 | 211,262 |
Lincoln | ||||||
MKZ | 1,550 | 28% | 9,304 | 7% | 1,209 | 8,692 |
Continental | 787 | -25% | 8,537 | 22% | 1,046 | 6,987 |
MKC | 1,750 | 1% | 12,169 | -8% | 1,730 | 13,264 |
MKX | 1,198 | -8% | 7,916 | -2% | 1,298 | 8,048 |
Navigator | 191 | 21% | 1,691 | 72% | 158 | 984 |
TOTAL LINCOLN | 5,476 | 1% | 39,617 | 4% | 5,441 | 37,975 |
Imported Vehicles | ||||||
Focus ST/RS | 25 | -34% | 220 | -12% | 38 | 249 |
Mustang | 98 | -71% | 2,534 | -19% | 338 | 3,114 |
Explorer | 836 | -23% | 7,593 | -23% | 1,087 | 9,902 |
F-150 Raptor | 224 | 409% | 1,832 | 134% | 44 | 783 |
Ranger | 90 | N/A | 163 | N/A | - | - |
Other | - | N/A | - | -100% | - | 497 |
TOTAL Imported | 1,273 | -16% | 12,342 | -15% | 1,507 | 14,545 |
TOTAL FORD | 64,383 | -43% | 585,171 | -30% | 112,622 | 830,521 |
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Ford Motor Company published this content on 12 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 12 October 2018 12:37:01 UTC