AUTO INDUSTRY NEWS

Ford on track to overtake Japanese brands in China

Ford on track to overtake Japanese brands in China image

Text: Eric Tipan / Photos: Ford Press | posted October 17, 2013 15:46

Sales of Ford vehicles have gone up 61% from last year and more interest is being driven by their new models.

While Ford Motor Philippines plays fourth spot in terms of Philippine market share based on CAMPI statistics in July 2013, it is on track to outsell Japanese counterparts in China.

Due mainly to anti-Japanese sentiment stemming from a year ago, Japanese products ranging from automobiles to appliances have suffered a big blow not just in sales but in production as well. 

Sales of Ford vehicles, on the other hand, have gone up 61% from last year and more interest is being driven by their new models.  Units sold in the first 9 months of 2013 have already reached 647,849 and Ford is poised to hit 1 million at year’s end.

That momentum is expected to carry over to 2015 when Ford begins production at a major assembly plant in the eastern city of Hangzhou.