Riding on the coattails of strong March deliveries, sales of Ford Motor Company vehicles and those of its joint ventures in China grew 45 percent in the first quarter of 2014 to 271,321 units, compared to 186,696 units during the same time period last year. The impressive growth was the result of double-digit growth at Changan Ford Automobile (CAF) — Ford’s primary joint venture in the country responsible for manufacturing and selling Ford-branded vehicles, as well as at commercial vehicle-focused Jiangling Motors Corporation (JMC).
Specifically, CAF sales in the first quarter grew 52 percent to 195,198 units compared to 128,006 during the same time period a year ago. Meanwhile, JMC sales grew to 19 percent to 67,125 units.
Notably, sakes of Ford-brand vehicles — including the imported Ford Explorer, Ford Edge, Ford Focus ST, and Ford Fiesta ST — grew 57 percent to 204,196 cars sold, up from 130,176 during the first quarter of 2013.
The results represent the best Q1 sales for The Blue Oval’s operations in China, and — barring an unforeseeable disaster — we see The Blue Oval beating that number for Q1 2015.