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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 yajun.zhang@dowjones.com

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Financials ($)
Sales 2017 142 219 M
EBIT 2017 5 269 M
Net income 2017 6 732 M
Finance 2017 11 860 M
Yield 2017 6,71%
P/E ratio 2017 6,33
P/E ratio 2018 6,77
EV / Sales 2017 0,21x
EV / Sales 2018 0,22x
Capitalization 41 942 M
Chart FORD MOTOR COMPANY
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Ford Motor Company Technical Analysis Chart | F | US3453708600 | 4-Traders
Technical analysis trends FORD MOTOR COMPANY
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 25
Average target price 12,2 $
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
James P. Hackett President, Chief Executive Officer & Director
William Clay Ford Executive Chairman
Robert L. Shanks Chief Financial Officer & Executive Vice President
Jeff Lemmer Vice President & COO-Information Technology
Ken Washington Chief Technology Officer
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