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TheStreet Open House

Ford China First-Half Sales Accelerate Past The Half-Million Mark, Up 35 Percent From Last Year

Ford China raced to a record first half, with 549,256 vehicles sold in the first six months of 2014, up 35 percent compared to 407,474 sold during the same period last year. Driven by continued strong demand for the Ford Focus, Ford Kuga, Ford Mondeo and the Ford EcoSport, Ford China’s June sales increased 17 percent with 87,783 vehicles sold, up from 75,166 sold in the same period last year.

“Ford’s strong sales in the first half demonstrate the success of our accelerated China growth plan,” said John Lawler, chairman and CEO of Ford China. “We continue to grow our sales network, increase capacity and hire great employees – all to deliver the high quality, safety, fuel efficiency and smart technologies that Chinese customers demand.”

Changan Ford (CAF), Ford’s passenger car joint venture, also enjoyed a record first half, selling 397,958 vehicles, up 39 percent from the 286,433 vehicles sold in the first half of 2013. CAF’s June sales reached 67,187 vehicles, up 23 percent compared to 54,774 sold in June 2013.

The Ford Focus nameplate continued to lead CAF sales in the first half with 201,464 units sold, up nine percent from 185,648 unit sales in the first half of 2013. June sales for the Ford Focus nameplate reached 33,614 vehicles, up seven percent from June 2013.

The Ford Mondeo nameplate, which sets the standard for refinement and smart technologies in the passenger car segment, also sold well in the first half, with 59,726 vehicles sold, a 124 percent increase compared to the 26,691 sold in the first half of 2013. June sales for the Ford Mondeo nameplate reached 10,044 vehicles, a 168 percent increase from June 2013.

Sales for Ford’s class-leading Ford Kuga and Ford EcoSport SUVs were also up in the first half. Ford Kuga sales rose 78 percent in the first six months with 66,225 wholesales sold. June sales for the Ford Kuga reached 10,901 vehicles, up 18 percent from the same period last year. Ford EcoSport sales more than doubled in the first six months, increasing 103 percent from a year earlier with 33,403 vehicles sold. June sales for the Ford EcoSport were also up, increasing 28 percent from June 2013 with 7,201 vehicles sold.

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