Ford's China sales up 40 percent in 2010

(January 8, 2011) SHANGHAI, China — Ford had a record year in China selling 582,467 units in 2010, a 40 percent increase from 2009.  Ford Motor China sold 56,880 units in December, a 52 percent increase compared to the same period last year.

"We are grateful to our partners and Chinese consumers for yet another year of record growth in one of the world's most dynamic markets," said Joe Hinrichs, president of Ford's Asia Pacific and Africa region and chairman and CEO of Ford Motor China.

"It's appropriate that in 2011, the year of the rabbit, we will be moving quickly to bring more of the vehicles Chinese consumers want and value while we continue to expand exponentially in China and across Asia Pacific.
 
Changan Ford Mazda Automobile (CFMA), Ford Motor's passenger vehicle joint-venture in China, sold 41,784 units in December 2010, a 63 percent increase from December 2009. CFMA sold 403,283 units for the full year, a 34 percent increase from 2009.
 
The strong performance was led by sustained demand for the Ford Focus and the new Ford Fiesta. Focus achieved sales of 16,891 units for December and closed the year with 172,270 units sold, having sustained monthly sales of more than 10,000 units for 22 consecutive months. Ford Fiesta sold 7,853 units in December, a 50 percent increase from December 2009, and 75,199 units for the year, a 59 percent increase from 2009.
 
Jiangling Motors Corporation (JMC), Ford's commercial vehicle investment in China, sold 14,911 units in December, an increase of 26 percent year-on-year, concluding 2010 with total sales of 178,999 units, representing a 56 percent  increase over 2009.
 
Ford achieved several milestones in China in 2010. Together with its partner JMC, Ford began construction of the green-field plant in Nanchang for Ford and JMC-branded vehicles; CFMA signed an MOU for a new engine plant in Chongqing, where a second CFMA assembly plant is currently under construction; added 100 full-service Changan Ford dealerships in China, bringing the total number of Changan Ford dealerships to 340; and launched the new Ford Edge, Ford's newest mid-size SUV in China.