Ford says China sales up 47pc in 1Q
Ford Motor Co China has posted a 47 percent year-over-year increase gain in first-quarter sales, with 90,791 vehicles sold, continuing the company's strong growth in China market.
Changan Ford Mazda Automobile, the company's passenger car joint-venture, posted quarterly sales of 61,789 units, which has increased by 58 per cent compared with the same period a year earlier.
Jiangling Motor Corporation, Ford Motor's commercial vehicle investment in China, delivered 23,785 commercial vehicle sales for the first quarter, including Ford Transit sales of 6,908. The company introduced a new Ford Transit in January, which boasts a class-leading design, features and advanced technology.
Ford included sales of imported Land Rover and Jaguar models in its first-quarter sales results for China. Ford has sold those brands to Tata Motors Ltd in a $2.3 billion deal that closed last month.
Ford Motor Company has now achieved four consecutive years of strong, continuous growth in China, said Robert Graziano, president and CEO of Ford Motor China.
China's domestic automobile market revivals in March as the impact of snowstorm weakened. The passenger car sales rose 20.4 percent to 1.85 million in the first three months and 24 percent in March, the biggest monthly rise since August.
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