Ford’s Chinese ventures extend auto sales recovery in June

by SpeedLux
china cars

Ford Motor’s Chinese ventures reported year-on-year sales to increase for June as the world’s biggest auto market keeps showing evidence of recovery from coronavirus-induced lows.

The U.S. automaker’s Chongqing-based venture with Changan said on Monday its sales increased 7.7% from a year earlier. It did not reveal the number of vehicles sold.

Ford’s new SUV models such as Escape, Edge and Explorer are selling well and contributed to the increase in past months, it said.

Jiangling Motors, in which Ford owns a stake, stated in a filing last week that it sold 39,192 vehicles in June, increasing 67% year on year. JMC sells Ford-branded sport-utility vehicles (SUV) and vans along with JMC-branded commercial vehicles.

The ventures also saw sales increase in April and May, putting Ford on track for its first quarterly growth since the third quarter of 2017. It said the aging model lineup contributed to the sales slide.

Ford’s rival General Motors stated its sales in China declined 5.3% between April and June.

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

SpeedLux

SpeedLux is a high-authority automotive blog providing the latest automotive news and reviews. SpeedLux covers everything related to cars, bikes, and motorcycles, from news and reviews, to troubleshooting guides, tips and tricks, and more. SpeedLux was born in 2009 and we have over 20,000 articles published on our blog. We thank all our readers, as well as our partners, without whom we could not have reached this level.

Subscribe

©2009 – 2024 SpeedLux – Daily Automotive News and Reviews. All Right Reserved.