March 2, 2024

Didcot Gateway

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Ford China year to date sales grow 11% driven by Lincoln

Ford China year to date sales grow 11% driven by Lincoln

Ford Motor Organization reached double-digit progress of eleven% in 12 months-to-day gross sales in Better China, with roughly 457,000 units bought in the first three quarters of the 12 months.

Lincoln gross sales handed sixty six,000 units, up, even though Ford brand name passenger motor vehicle gross sales had been flat with roughly one hundred sixty five,000 units bought.

3rd quarter gross sales in Better China fell to 150,a hundred units “due to ongoing difficulties linked to the international semiconductor scarcity, Central China floods in July and pandemic-linked constraints in areas of the country”.

Solid client desire in the third quarter resulted in double-digit progress for Lincoln passenger automobiles, with gross sales up 24%.

Ford’s immediate gross sales community of electric powered motor vehicle town outlets is essential to its electrification push in China, exactly where the corporation is on monitor to inaugurate 25 outlets in big metropolitan spots by the conclusion of this 12 months and grow to much more than a hundred outlets inside of 5 decades.

Central to Ford’s electrification technique is the domestically manufactured Mustang Mach-E, which will be first shipped to clients in China by the conclusion of the fourth quarter.