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Now Reading: Ford’s third-quarter sales in China increased 25 percent year-on-year
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Ford’s third-quarter sales in China increased 25 percent year-on-year
Ford’s third-quarter sales in China increased 25 percent year-on-year
Ford Motor on Friday said its China sales increased 25% over July to September from the same period a year ago to 164,352 vehicles, attributing the boost to product launches and a localization strategy.
The result represents the automaker’s second consecutive quarterly sales boost in China after nearly three years of decline.
The automaker makes vehicles in China through joint ventures with Chongqing Changan Automobile and Jiangling Motors.
On Monday, U.S. competitor General Motors said its China sales increased 12% in July-September to 771,400 vehicles.
Total vehicle sales in China increased13% in September, 12% in August, and 16% in July.
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