Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nyse  >  Ford Motor Company    F

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets 

Ford Motor Company : Ford China Posts Record October Sales, 93,969 Units Sold, Up 55%

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/06/2013 | 04:32pm CET


  • Ford China October sales reach 93,969 wholesales, up 55%; year-to-date sales reach 741,818 wholesales, up 52%
  • CAF October sales reach 70,173 wholesales, up 61%; year-to-date sales reach 536,421 wholesales, up 68%
  • JMC October sales reach 21,724, up 36%; year-to-date sales reach 186,920, up 14%

Shanghai, Nov. 6, 2013 - Ford China continued to expand sales in October, with 93,969 wholesale units sold, up 55 percent from October 2012. Following a record third quarter, year-to-date sales also remain strong with 741,818 wholesale units sold, up 52 percent compared to the same period last year.

The Ford Focus led October sales with 39,710 wholesales sold in October, up 18 percent year on year and 48 percent year to date. The all-new Ford Mondeo-launched at the end of August-sold 7,805 wholesale units in October, and Ford's impressive SUV lineup-the Explorer, Edge, Kuga and EcoSport-continued to be in high demand. The Ford EcoSport sold 6,484 wholesale units in October while the Ford Kuga sold 9,604 wholesale units.

Changan Ford Automobile (CAF), Ford's passenger car joint venture in China, sold 70,173 wholesale units in October, up 61 percent compared to the same period last year. Year-to-date sales reached 536,421, up 68 percent compared to January to October 2012.

Jiangling Motors Corporation (JMC), Ford's commercial vehicle joint venture in China, also delivered fantastic October sales with 21,724 wholesale sold, up 36 percent compared to the same period last year. Strong JMC sales were driven by increased demand for the Ford Transit, which sold 6,036 wholesale units in October, up 19 percent compared to October 2012. Year-to-date sales for JMC reached 186,920 wholesale units, up 14 percent compared to January to October last year.

Ford closed October after hitting a major milestone in its Asia Pacific region, selling one million vehicles for the first time - with China contributing a large portion of that with its strong sales performance.

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on FORD MOTOR COMPANY
01/19 FORD MOTOR : Botswana Attends to Faulty Kugas
01/19 Takata bidders plan court-led turnaround for Japan business
01/19 Takata bidders plan court-led turnaround for Japan business - source
01/19 FORD MOTOR : hits record sales in 2016
01/18 FORD MOTOR : finally gets to publicly celebrate signing SHR
01/18 FORD MOTOR : House adds another honor to the mantel
01/18 FORD MOTOR : ex-dividend day
01/17 FORD MOTOR : New Ford Mustang Offers Sleeker Design, More Advanced Technology an..
01/16 SOUTH AFRICA : Ford recalls thousands of defective vehicles in South Africa
01/16 Global carmakers' operations in Mexico
More news
Sector news : Auto & Truck Manufacturers - NEC
01/19 Davos CEOs 'go local' on supply chain in Trump era
01/19DJVOLKSWAGEN : Ex-CEO Denies Prior Knowledge of Emissions Cheating
01/19DJTencent-Backed Future Mobility Plans $1.70 Billion Car Factory
01/19 TOYOTA MOTOR : Britain says auto industry is a key sector, looking to ensure bes..
01/19 Takata bidders plan court-led turnaround for Japan business
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
01/19 Ford's Electric Vehicle Strategy Sliced And Diced
01/19 Ride The Tech Wave, Not The Trump Wave
01/19 Earnings Are Moving Stocks - Cramer's Mad Money (1/18/17)
01/18 RPV : In Pursuit Of Deep Value
01/18 VERY STRONG U.S. MINIVAN SALES : Fiat Chrysler Now As Large As Honda And Toyota ..
Advertisement
Financials ($)
Sales 2016 142 413 M
EBIT 2016 6 364 M
Net income 2016 6 997 M
Finance 2016 6 811 M
Yield 2016 6,60%
P/E ratio 2016 7,22
P/E ratio 2017 7,61
EV / Sales 2016 0,30x
EV / Sales 2017 0,29x
Capitalization 49 314 M
More Financials
Chart FORD MOTOR COMPANY
Duration : Period :
Ford Motor Company Technical Analysis Chart | F | US3453708600 | 4-Traders
Full-screen chart
Technical analysis trends FORD MOTOR COMPANY
Short TermMid-TermLong Term
TrendsNeutralNeutralNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 12,8 $
Spread / Average Target 3,4%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Mark Fields President, Chief Executive Officer & Director
William Clay Ford Executive Chairman
Robert L. Shanks Chief Financial Officer & Executive Vice President
Raj Nair Chief Technical Officer
Marcy Klevorn Chief Information Officer & Group Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
FORD MOTOR COMPANY2.31%49 314
TOYOTA MOTOR CORP-0.32%191 772
DAIMLER AG-0.07%80 451
VOLKSWAGEN AG9.79%78 504
BAYERISCHE MOTOREN WER..-2.57%59 909
GENERAL MOTORS COMPANY7.55%57 117
More Results