Ford sees Chinese lift 16th January 2006
US car giant Ford has announced record 2005 sales of its brands in China, lifted by a bigger product line.
Car sales for 2005 in the world's fastest-growing automotive market topped 220,000 vehicles, with imported and locally produced Ford sales 46 per cent up on the previous year, the equivalent of 82,225 cars.
Without providing actual figures Ford said that its individual brands Ford, Lincoln, Land Rover, Jaguar and Volvo grew "significantly" above the estimated industry growth figure of 12 per cent for 2005.
The carmaker has completed a $1 billion investment programme in China that has seen it acquire stakes in Chinese marques Changan Automotive, and Jiangling Motor Corp.
Ford forecast further "significant growth in total sales volume in China" for the coming year.
Ÿ Adfero Ltd
Related articles
- Moving towards cleaner exhaust systems
- Automotive Roundup May 2012
- PLATINUM MARKET SWUNG BACK INTO SURPLUS LAST YEAR, MARKET FORECAST TO REMAIN IN OVERSUPPLY IN 2012
- Johnson Matthey announces expansion of Macedonia autocatalyst plant
- Johnson Matthey unveils new Modulex catalytic convertors and silencers

Bookmark Using:
Send by email Share on Facebook Tweet this LinkedIn Digg it Bookmark with Delicious Subscribe to Feed Print this page