Ford is becoming the fourth non-Chinese manufacturer in China

 

The Ford Group (Ford, Lincoln) is becoming the fourth non-Chinese manufacturer in China and the fifth manufacturer regardless of the country of origin (behind Changan). While it ranked in seventh position in 2014 behind VW, GM, Hyundai-Kia, Renault-Nissan, Toyota and Honda. In terms of sales, it has overtaken Renault-Nissan, Toyota and Honda in the first three months of 2015, its growth proving stronger than that of its competitors.


With nearly 220 000 vehicles sold and an increase of 11.6% in the first quarter of 2015 (compared to the first quarter of 2014), Ford is increasing faster than VW (+ 1.8%), GM (+5, 2%), Hyundai-Kia (+ 0.1%), Renault-Nissan (-10.9%), Toyota (-10.4%) and Honda (+ 5.8%).


Ford has become the fourth non-Chinese manufacturer in China and it has just opened its fourth assembly plant (in Hangzhou), which has a production capacity of 250 000 vehicles per year. In 2014, Ford produced nearly 810 000 passenger cars for a capacity of 950 000 per year. With the new plant in Hangzhou (dedicated to the Edge and Taurus, of American origin), Ford will produce 1.2 million vehicles per year, to which will be added 200 000 units a year from HafeiAutomotive's Harbin plant bought by the JV Changan-Ford (Changan being Ford's partner in China).


With a volume of 1.4 million vehicles per year, Ford will now be located in terms of capacity behind Volkswagen (3.65 million units) General-Motors (3.5 million units), Hyundai-Kia (1.95 million units) and ahead of Renault -Nissan (1.3 million units), Toyota (1.25 million units) and Honda (1.25 million units).

 

 

15-13-4  

 

Contact us: info@inovev.com 

Inovev platforms  >
Not yet registered ?
By keeping on browsing, on this site, you accept the use of cookies and TCU (Terms and Conditions of Use) of Inovev site (www.inovev.com)
Ok