Ford growth in China is nothing short of impressive, with The Blue Oval reporting a whopping 61% increase in September sales on an annual basis. The rapid expansion, however, isn’t only limited to September, as Ford’s China sales grew 51% year-over-year in the first three quarters to 647,849 wholesale units sold.
Making up those 647,849 units in the first three quarters of 2013 are 466,248 wholesales from Changan Ford Automobile — Ford’s primary joint venture in China selling Ford vehicles. The results represent a 69% year-over-year increase in sales.
Ford’s commercial vehicle joint venture — Jiangling Motors Corporation (JMC) — was responsible for 165,196 wholesales in the first three quarters of the year, up 12%.
Notably, the Ford Transit performed particularly well with 49,055 wholesales in the first three quarters, a jump of 20% from a year earlier.
The remaining sales were those of Ford’s imported vehicles, including the Focus ST, Fiesta ST, Edge, and Explorer. The four imported cars made up 16,405 sales in the first three quarters.
The Motrolix Take
Since Ford arrived late to the party that is the Chinese automotive market, its sales volume isn’t as high as that of the competition. But The Blue Oval is catching up — and catching up fast, eating up market share from competitors left and right, with no end in sight. It will be interesting to see how China’s current automotive sales leaders — GM and VW — perform compared to Ford this time next year.