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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 142 367 M
EBIT 2017 5 755 M
Net income 2017 6 180 M
Finance 2017 12 599 M
Yield 2017 6,42%
P/E ratio 2017 7,07
P/E ratio 2018 6,72
EV / Sales 2017 0,22x
EV / Sales 2018 0,33x
Capitalization 43 961 M
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Mean consensus HOLD
Number of Analysts 25
Average target price 12,8 $
Spread / Average Target 16%
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Managers
NameTitle
James P. Hackett 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
John Lawson Thornton Independent Director
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