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Ford Motor Company : Ford China Sales up 18% at 52,440 Vehicles in June

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07/09/2012 | 10:04am CEST

BEIJING--Ford Motor Co. (F) said Monday its sales in China totaled 52,440 vehicles in June, an 18% rise from a year earlier, due to strong sales of its new Focus model.

The U.S. auto maker sold 277,322 vehicles in China in the first half, up 1% from a year earlier, the company said in a statement.

Changan Ford Mazda Automotive Ltd., Ford's passenger vehicle joint venture in China, sold a record 37,038 Ford-brand passenger vehicles in June, of which 15,000 were the new Focus model. The monthly tally marks a 28% rise from a year earlier and is the third straight monthly record.

Sales at Jiangling Motors Corp., the company's commercial-vehicle joint venture in China, fell 1% to 15,093 vehicles, the statement said.

Write to Yajun Zhang at [email protected]

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Financials ($)
Sales 2017 141 684 M
EBIT 2017 6 083 M
Net income 2017 6 383 M
Finance 2017 10 641 M
Yield 2017 6,25%
P/E ratio 2017 7,13
P/E ratio 2018 6,74
EV / Sales 2017 0,25x
EV / Sales 2018 0,32x
Capitalization 45 672 M
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Mean consensus HOLD
Number of Analysts 24
Average target price 13,0 $
Spread / Average Target 14%
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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 & EVP-Product Development
Marcy Klevorn Chief Information Officer & Group Vice President
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