China becomes Ford's fastest growing market in the world
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On January 7, Ford Motor (China) Co., Ltd. Chairman and CEO Ge Zhinuo announced here on the 7th that in the past 2009, Ford Motor sales in China reached a record 440619 units, an increase over the same period last year. 44%. China has become Ford’s fastest-growing global market.
Affected by the financial crisis, Ford’s global sales have fallen sharply. However, in the Chinese market, it has achieved remarkable results. Ford's passenger vehicle joint venture in China, Changan Ford Mazda Motor Co., Ltd. sold 315,791 vehicles in 2009, an increase of up to 55%. Higher than the average growth rate in China.
Another Ford-invested commercial vehicle company, Jiangling Motors Co., Ltd. sold 114,688 vehicles last year, of which the Ford Transit commercial vehicle sales reached 33,585 vehicles, an increase of 22% year-on-year, and continues to lead the Chinese mid- to high-end light commercial vehicles.
He Junjie , vice president of Ford (China) and general manager of Changan Ford Motor Sales Co., Ltd., said that Ford’s sales performance last year benefited from the continuous sales of all Ford brand cars, including the new Ford Fiesta and 2010 Ford Mondeo - winning. Good market performance for new products such as Ford Focus and Skylight.
Ford Motor Company is one of the world's largest automotive companies, headquartered in Dearborn, Mich., and has automotive brands such as Ford, Lincoln, Mercury and Volvo. Ford Motor Co., Ltd. has seven wholly-owned and joint ventures in China, with a capacity of 447,000 passenger cars per year, 52,000 Ford brand commercial vehicles and 350,000 engines.
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