Market Overview

Ford Sets Annual Sales Record in China, More Than 1.1 Million Vehicles Sold in 2015

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SHANGHAI--(BUSINESS WIRE)--

Ford Motor Company set a record for sales in China in 2015 as annual sales of Ford vehicles reached 1,115,124, up 3 percent compared to 2014. December also saw record monthly sales with 124,768 vehicles sold, up 27 percent from December 2014.

"2015 was another strong year for Ford in China with growth in sales and our product portfolio," said John Lawler, chairman and CEO of Ford Motor China. "Our record performance sets the stage for 2016, as we continue to expand our portfolio of high-quality, fuel-efficient and fun-to-drive vehicles that our customers want and need."

Changan Ford Automobile (CAF), Ford's passenger car joint venture, broke both annual and December sales records. CAF sold 836,425 vehicles in 2015, up 7 percent compared to 2014. December sales totaled 96,960 vehicles, an increase of 49 percent compared to December 2014.

Demand for the new Ford Mondeo helped drive annual and December sales performance for CAF. Annual sales of the sedan totaled 113,990, up 8 percent compared to 2014, and December sales reached 13,995 vehicles, up 42 percent compared to December 2014.

Sport utility vehicle (SUV) sales also were strong in 2015. Annual sales of the Ford Ecosport, Kuga, Edge, Explorer and Everest surpassed the quarter million mark for the first time with 274,188 vehicles sold, up 13 percent compared to 2014. December was Ford's strongest month to date for SUV sales with 32,290 vehicles sold, up 56 percent compared to December 2014.

Annual sales of vehicles equipped with Ford EcoBoost engines were up 31 percent and exceeded the 300,000 mark for the first time in China, meaning one in four Ford customers selected a vehicle equipped with the award-winning engine last year.

Jiangling Motors Corporation (JMC), Ford's commercial vehicle investment in China sold 253,359 vehicles in 2015, down 6 percent compared to 2014. December sales totaled 26,391 vehicles, down 12 percent compared to December 2014 reflecting continued weakness in the overall commercial vehicle industry.

                       

Ford China Retail Sales Performance

                                 
       

December
2015

     

December
2014

     

January - December
2015

     

January - December
2014

CAF       96,960       65,054       836,425       780,374

Imported Vehicles

      1,417       2,952       25,340       33,379
JMC       26,391       30,003       253,359       268,648
Total China       124,768       98,009       1,115,124       1,082,401
 

Editor's note: Ford reports retail figures instead of wholesale figures. The chart above reflects retail figures.

About Ford Motor Company

Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 197,000 employees and 67 plants worldwide, the company's automotive brands include Ford and Lincoln. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford and its products worldwide, please visit www.corporate.ford.com.

Ford's wholly owned subsidiaries, joint ventures and investment in China include Ford Motor (China) Limited, Ford Motor Research & Engineering (Nanjing) Co., Ltd., Ford Automotive Finance (China) Ltd., Changan Ford Automobile Co., Ltd., Changan Ford Mazda Engine Co., Ltd. and Jiangling Motors Co., Ltd.

For more information regarding Ford's products, please visit http://corporate.ford.com and www.ford.com.cn.

For news releases, related materials and high-resolution photos and videos, please visit www.media.ford.com, or follow us on Ford China Wechat Media Center Ford_Media, Ford China Wechat Ford_Go_Further, and Ford China Weibo http://t.sina.com.cn/fordchina

Ford Motor Company
Becky Cho, +86 21 38581665
bcho4@ford.com
Mary Katherine Lim, +86 21 20322631
msmi1108@ford.com

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