Ford sets new record with 1.1 million sales

Ford sets new record with 1.1 million sales

 

Ford has reported record sales of about 1.1 million vehicles in China last year.

The Dearborn, Michigan, automaker said last Friday that its 2015 sales in the country were up  by three percent from the previous year as demand for small sport-utility vehicles there continues to grow.

It also set a new monthly sales record in December, selling 124,768 vehicles. That’s up 27 percent from the prior-year period.

Ford also tapped into China’s booming market for luxury cars with 11,630 Lincoln vehicles sold during the brand’s first full year in the country, where its entire SUV line-up is offered.

Lincoln added eight more dealerships than expected for a total of 33 in the 2015.

The company is aiming for 60 dealerships in 50 cities by year-end.

Jiangling Motors Corporation, Ford’s commercial vehicle investment in China, reported a six per cent decline in annual sales and a 12 per cent drop in December sales.

The company sold 253,359 vehicles in 2015, down six  per cent compared to 2014. December sales totalled 26,391 vehicles, down 12 per cent compared to December 2014 .