Wednesday, March 5, 2008

Ford's wholly owned brands in China



BEIJING - Ford Motor Co. said its joint venture in China, Changan Ford Mazda Automobile Co., sold 168,015 passenger vehicles in the January-October period, up 60% from a year earlier.
Total sales of Ford's wholly owned brands in China, including Ford, Lincoln, Volvo, Jaguar and Land Rover, rose 31% in the January-October period from a year earlier to 166,539 units, Ford spokesman Kenneth Hsu told Dow Jones Newswires late Tuesday.
The automaker said it is looking at options to increase local production capacity, including the possibility of setting up a new plant.
Those are some impressive numbers, and given the size of the population being marketed to, there would seem to be a lot of upside potential.


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