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Ford deliveries slip on weak car demand
Automotive News China | 2017/11/10

Ford Motor Co.'s China sales fell 5 percent year on year to 105,809 vehicles last month on weak demand for passenger cars.

Changan Ford Automobile Co. -- the joint venture that produces and markets Ford-badged vehicles -- reported sales of 73,551 locally produced vehicles in October, down 11 percent from a year earlier. 

The downturn offset sales gains by the Lincoln luxury brand and Jiangling Motor Corp., a joint venture that produces commercial vans, SUVs, pickups, multipurpose vehicles and JMC-badged trucks.

Lincoln deliveries surged 48 percent to 5,514 in October. 

Jiangling sales rose 6 percent to 25,275 while deliveries of imported Ford vehicles increased 13 percent to 1,469.

Because of Changan Ford's weak results, Ford deliveries declined 5 percent to 938,570 vehicles. 

Ford placed former Key Safety Systems CEO Jason Luo in charge of its China operations on September 1. Luo must align Ford's product lineup more closely to consumer trends and he must figure out how to comply with Chinas carbon credit program, which takes effect in 2019.

Ford and Chinese partner Anhui Zotye Automobile said this week they will invest $756 million (5 billion yuan) under an equally owned joint venture to make and sell small electric cars in China under a new brand.

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