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Ford expands strongly in China in the first quarter

Vivian Jin From Shanghai Daily| April 10 , 2008 09:26 BJT

FORD Motor China sold 90,791 units in the first quarter of this year, a 47-percent year-on-year increase, fueled by the country's economic boom.

The strong sales helped the world's third largest auto maker to grow strongly in China's market and offset slow sales in North America that resulted in an ambitious restructuring program.

Analyst said Ford's strong performance is a result of bringing the right products to meet local demand.

Sales of Ford-branded passenger vehicles rose 54 percent year on year to 47,213 units in the first quarter.

Chang'an Ford Mazda Automobile, a three-partner venture between Ford, Japan's Mazda and Chang'an Automobile Group, sold 61,789 vehicles, posting a 58-percent increase from a year earlier. Ford Focus sales rose 58 percent to 32,326 units.


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