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
02/25 FORD MOTOR : 'In the name of progress'
02/24 GENERAL MOTORS : Detroit Area Economy Worsens As Big Three Automakers Face Dire ..
02/24 Magna International misses profit estimates, warns on border tax
02/24 FORD MOTOR : autonomous vehicle development venture to move into Strip District
02/24 REPORTS FROM FORD MOTOR COMPANY PROV : on the movement of conventions...
02/24 FORD MOTOR : Vintage plane offers bird's-eye view into past
02/24 FORD MOTOR : autonomous vehicle development venture to move into Strip District
02/23 FORD MOTOR : Bill ford to retire as chair of detroit economic club; dte energy's..
02/23 FORD MOTOR : GT Competition Series Offers More Weight-Saving Innovations for Har..
02/23 FORD MOTOR : Jaber Al Sabah Highway to be partly closed for maintenance
More news
Sector news : Auto & Truck Manufacturers - NEC
02/24 VOLKSWAGEN : CEO says board did not discuss chiefs of VW brand, Audi
02/24DJVolkswagen Supervisory Board Agrees to Cap Management Board Compensation
02/24 Magna International misses profit estimates, warns on border tax
02/24DJMARKET SNAPSHOT : Dow Poised To Snap Record-setting Streak, As Stock Futures Slu..
02/24DJMARKET SNAPSHOT : Dow Poised To Snap Record-setting Streak, As Stock Futures Slu..
More sector news : Auto & Truck Manufacturers - NEC
News from SeekingAlpha
02/24 U.S. automakers accelerate incentive spending
02/23 Pitney Bowes, H&R Block, & Mattel Lead 26 'Safe' S&P 500 Dividend Dog Februar..
02/23 SORTING OUT THE TESLA MODEL 3 TIMELI : Selling Test Cars To Its Own Employees?
02/23 Exploring One Issue At Ford
02/22 What Might Be Expected When Tesla Reports Q4 Earnings After The Bell?
Advertisement
Financials ($)
Sales 2017 142 238 M
EBIT 2017 6 374 M
Net income 2017 6 488 M
Finance 2017 10 860 M
Yield 2017 5,93%
P/E ratio 2017 7,65
P/E ratio 2018 7,22
EV / Sales 2017 0,27x
EV / Sales 2018 0,34x
Capitalization 49 559 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
TrendsNeutralBullishNeutral
Technical analysis
Income Statement Evolution
More Financials
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 13,3 $
Spread / Average Target 6,5%
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 COMPANY3.54%49 559
TOYOTA MOTOR CORP-6.24%187 549
DAIMLER AG-4.14%77 613
VOLKSWAGEN AG5.17%76 173
BAYERISCHE MOTOREN WER..-5.07%57 579
HONDA MOTOR CO LTD4.19%57 371
More Results