General Motors and Ford continue to roll up big sales totals in China, setting sales records during May.
Ford China sales grew 32% in May with 93,323 and Ford now expects to sell more than 1 million vehicles in China for the first time ever during 2014. Year-to-date sales were up 39%, with 461,473 wholesales sold compared to 332,308 wholesales sold in the first five months of 2013, Ford said.
“Our sales are a direct reflection of our continued commitment to bring the best of Ford to China with a great lineup of Ford cars and utilities that offer high quality, great fuel efficiency, world class safety and smart technologies,” said John Lawler, chairman and chief executive officer, Ford Motor China.
Passenger car sales for Ford China, which includes imported cars, grew 35% in May with 71,981 vehicles sold compared with 53,392 in May 2013. Ford has sold 347,547 passenger cars so far in 2014, up 46% from 238,100 vehicles sold during the same period last year.
Changan Ford Automobile (CAF), Ford’s passenger car joint venture, sold 67,454 vehicles in May, up 32% from 51,008 sold during the same period last year. Year-to-date sales reached 330,771 vehicles, up 43% compared with the first five months of 2013.
(Pickups best at holding resale value. For more, Click Here.)
GM and its Chinese partners sold a May record 276,109 vehicles in China.
(Click Here for details on Toyota launching hydrogen car by end of year.)
Sales increased 9.2% from the same month last year. Shanghai GM and SAIC-GM-Wuling as well as their Buick, Chevrolet, Cadillac and Wuling brands also reached new highs for May sales. In addition, Shanghai GM’s total sales surpassed 9 million units since the joint venture’s establishment in 1997.
(To see General Motors’ last four recalls, Click Here.)
Shanghai GM’s domestic sales rose 15.8%. SAIC-GM-Wuling increased 4.7% year on year. Buick sales in China increased 15.2% from the same month last year. Chevrolet sales in China were up 13.3% Cadillac sales were up 59.2%.
For the first five months of 2014 as a whole, GM and its joint ventures sold a record 1,473,484 vehicles in China, an increase of 10.7% year on year. Shanghai GM’s sales rose 10.5% to 686,351 units, SAIC-GM-Wuling’s sales grew 11.6% to 761,365 units and FAW-GM’s sales were down 3.5% to 25,456 vehicles.