Ford, Lincoln Motor Company Close Q3 Strong in China
Ford Motor Company reports that sales increased 24% in China last month, ending the third quarter of 2016 with a bang. With three months remaining in the year, the sales of Ford/Lincoln, and the vehicles of their various joint ventures are closing in on 880,000 units, an 11% to-date increase over sales in 2015.
“Ford has been building momentum month after month, winning new customers with the most exciting and appealing lineup we have ever offered in China,” said Peter Fleet, vice president of Marketing, Sales, and Service for Ford Asia Pacific. “We will continue to listen to customers and meet their needs with great new cars, SUVs, and commercial vehicles.”
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Ford cites its ever-expanding SUV lineup as the main catalyst for growth in 2016. Sales of the Ford EcoSport, Edge, Everest, Explorer, and Kuga and Lincoln MKC, MKX, and Navigator total nearly 230,000 units through nine months, up 18% over the number from the first nine months of 2015. The addition of the new Kuga to the lineup should further bolster that number heading into 2017.
The Ford Mustang and Ford Focus have also been two major growth drivers, with the former surpassing its 2015 total at 2,300 units through September, and the latter achieving sales of more than 20,000 units in September alone.
Changan Ford Automobile saw record sales in September with approximately 85,000 units delivered, up 25% year-over-year. Through September, CAF’s sales total more than 663,000 units, up 14% from the pace set through September 2015.
Jiangling Motors Corporation also posted record sales last month with more than 23,000 units and a 28% increase. Through nine months, sales are ostensibly flat at 183,000 units.
Lincoln saw its best month ever in China last month with all four of its available vehicles—the MKZ, MKC, MKX, and Navigator—setting record-high deliveries. Through three quarters, Lincoln’s sales are 191% better than they were through September 2015 at approximately 21,000 vehicles sold, and that number is likely to rise with the rollout of the much-anticipated Lincoln Continental.
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