Tag Archives: ford china

Ford China Sales Increase 18%

Posted on 8 March 2016 by Ken Zino

Thus the rocky road in China continues for Ford, one that started in the last century when it submitted a Taurus as a car to be built in China. GM proposed a more prestigious Buick model and got the approval form the Communist Party, thereby locking Ford out of what is now clearly the world’s largest auto market for years. It’s been playing catch-up ever since with GM and Volkswagen well ahead in the sales and profit races. Continue reading →

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Record 2012 Sales in China for GM, Volkswagen Group, Ford Motor

Posted on 24 January 2013 by Ken Zino

General Motors and its joint ventures sold a record 2.84 million vehicles in China during 2012, an increase of 11% from 2011 in the world’s largest auto market, which is now tracking at 19.1 million or more units annually. GM has led sales in China for eight consecutive years. GM just barely stayed Number One , though, because the VW Group, China’s Number Two automaker, sold 2.81 million vehicles, a +24.5% increase compared to 2011. Continue reading →

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Ford Motor Sets Record China Sales of 68,000 Light Vehicles

Posted on 5 December 2012 by Ken Zino

Ford China set a record in November by selling 67,505 vehicles last month, a 56% increase compared to November 2011. With November, Ford China’s year-to-date sales are now up 18%. Continue reading →

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SAIC-GM-Wuling to Build Third China Complex in Ford’s Chongqing

Posted on 28 November 2012 by Ken Zino

Chongqing of course is the original home of Ford China and now contains a sprawling manufacturing center. Changan Ford Mazda Automobile (CFMA) last August broke ground for a third assembly plant, Chongqing 3, in China. CFMA has also signed a letter of intent with the Municipality of Chongqing to explore expanding its research and engineering capability in Chongqing. Continue reading →

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Ford China Sales Grow in October as Focus Dominates Results

Posted on 13 November 2012 by Ken Zino

Ford Motor and its communist government dictated partners set a sales record during October in China as the firms sold 60,518 cars and light trucks. Market leader General Motors sold more than 250,000 vehicles during the same period in the world’s largest car market. Continue reading →

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Ford and GM Set China Vehicle Sales Records in September

Posted on 15 October 2012 by Ken Zino

General Motors Company and Ford Motor Company have set September sales records in China, the world’s largest automarket. The results were in keeping with the disparate positions of the Number One and Number Two U.S. automakers in the communist country. Continue reading →

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SAIC-GM-Wuling JV in China Sells 1,000,000 Vehicles

Posted on 15 September 2012 by Ken Zino

SAIC-GM-Wuling has sold 1,000,000 vehicles in China for the fourth consecutive year. It is the earliest the General Motors China joint venture – required by the communist government as a successful job creating policy – has reached the milestone. In 2011, SGMW sold its 1 millionth vehicle in October. Continue reading →

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Record Sales for Ford China in August at 48,631

Posted on 6 September 2012 by Ken Zino

Ford China posted its highest ever August sales, with 48,631 units sold, up 39% from last year. Year to date, Ford China has sold 368,513 vehicles, up 8% from January – August 2011. Market leader General Motors sold in 220,996 units in August and 1,837,546 year-to-date. Number Two Volkswagen Group has yet to report its August China sales. Continue reading →

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Ford China Sales up 32% in July to 43,000

Posted on 9 August 2012 by Ken Zino

Ford China sales in July totaled 42,560 up 32%. Most of the increase was due to the joint venture Changan Ford Mazda, which sold 26,306 Ford-brand cars, an increase of 44% from July of 2011. Sales of the old and new Focus dominated the results. Total Ford brand car sales including the imported Edge and Explorer were 27,498. Continue reading →

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Ford Motor Q2 Profit Plummets $1.4 Billion as Europe, South American and Asia Continue to Hurt Earnings and Shareholders

Posted on 27 July 2012 by Ken Zino

Ford Motor Company [NYSE: F] posted its 12th consecutive quarterly pre-tax operating profit this week based almost entirely on North American results. Weak to frankly disastrous performances in Ford’s global operations saw Q2 income drop to $1 billion, or 26 cents per share, a decrease of $1.4 billion from Q2 2011. Continue reading →

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GM May China Sales Set Record. Ford China Sales Also Up

Posted on 7 June 2012 by Ken Zino

General Motors and its joint ventures sold a May record 231,183 vehicles in China. Demand was up for the market leader 21.3% from the same month in 2011 and 1.7% from April of this year. At Ford China, increased sales of passenger cars offset a slump in light commercial vehicles during May, which led to an 8% increase year-over-year at 48,608, vehicles. Volkswagen Group the number two seller in China by far has not reported May sales yet. Continue reading →

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Ford China Sales Rebound in April with 24% Gain

Posted on 10 May 2012 by Ken Zino

After three straight months of declining sales in China, Ford Motor said today that sales increased 24% year-over-year to 54,881 based on wholesale deliveries. Ford China has now sold 176,274 vehicles year-to-date in China. Market leader General Motors and its communist government required joint ventures in China set a domestic sales record for April of 227,217 vehicles. Demand was up 11.7% from the same month in 2011. Its performance in April took GM’s sales for the first four months of the year to 972,369 units, an increase of 9.4% on an annual basis. GM has now sold more than one million vehicles in China. Continue reading →

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Changan Ford Mazda to Build a New Plant in Hangzhou China

Posted on 19 April 2012 by Ken Zino

Ford Motor Company today announced it would build a new assembly plant in Hangzhou, China, adding 250,000 units of capacity. This latest $760 million investment by Ford and its communist-government required joint venture – Changan Ford Mazda Automobile – will … Continue reading →

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Ford China Sales Drop Again in Q1 as March Continues Slump

Posted on 17 April 2012 by Ken Zino

This is the third straight monthly decline for Ford in China, and it comes at a time when Ford is aggressively expanding its capacity there, an unfortunate development for shareholders and the Ford balance sheet, which needs the cash flow from increasing sales to build new plants. All major automakers have announced ambitious expansion plans in China, the world’s largest auto market. However, in 2011 the Chinese auto market only grew by 5%, by far the lowest growth rate of the 21st century, as the communist central government deliberately slowed the economy in an attempt to fight inflation. Continue reading →

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Ford to Expand Chongqing Plant, Raising Capacity to 950,000

Posted on 5 April 2012 by Ken Zino

This will make Chongqing by far the largest Ford production site in the world – a latter day Rouge for communist customers. The latest expansion includes a new assembly line, body and paint shop. Construction on the extension is expected to begin immediately and the first vehicle is expected to come off the line in late 2014. CFMA already operates two assembly plants and an engine plant in Chongqing, with another engine plant and a transmission plant currently under construction. Continue reading →

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