Ford Surpasses 1M Sales In Asia Pacific This Year After A Record-Setting August - aftermarketNews

Ford Surpasses 1M Sales In Asia Pacific This Year After A Record-Setting August

Ford sold 126,834 vehicles in the Asia Pacific region in August, up 22 percent versus a year ago, for a total market share in the region of 4.1 percent, Ford’s highest share ever for any single month.

Ford Motor Co. this week sold its 1 millionth vehicle in Asia Pacific in 2016, reaching the milestone a month ahead of last year’s pace.

ford-edge-asiaFord sales in Asia Pacific continue to strengthen this year, culminating with record demand in August, according to the automaker. Ford sold 126,834 vehicles in the Asia Pacific region in August, up 22 percent versus a year ago, for a total market share in the region of 4.1 percent, Ford’s highest share ever for any single month.

“Reaching 1 million sales so quickly is a testament to the growing strength of our brand and products in Asia,” said Dave Schoch, president, Ford Asia Pacific. “Even with intense competition and challenging business conditions, Ford continues to grow and reach new customers in Asia Pacific.”

Ford said a key driver to growth has been its growing SUV lineup, with year-to-date sales up 17 percent compared with same time period last year. In fact, SUVs have accounted for 30 percent of Ford’s vehicle sales this year. The new Ford Edge, for instance, has become a hot seller in China, with year-to-date sales up three-fold since its introduction last year.

The introduction of the Ford Mustang has created a sensation in markets such as China, Australia, India and South Korea. The Ranger pickup also continues to thrive, with strong sales across the region, particularly in Australia, New Zealand, Taiwan, Thailand and Vietnam.

Ford saw best-ever August sales for a number of markets in Asia Pacific, including China, where sales for Ford and its joint venture partners rose 22 percent compared to August 2015. Thanks to the strong performance of Ranger and Transit, sales of Ford vehicles in Vietnam increased 57 percent in August, while strong performance of EcoSport, Ranger and Everest helped increase sales of Ford vehicles in the Philippines by more than 90 percent. In Thailand, Ranger’s market share was up to 10 percent in the pick-up segment in August for the first time ever.

“We are connecting with new customers with the most modern and expressive Ford lineup we have ever offered across Asia Pacific,” said Peter Fleet, vice president, marketing, sales and service, Ford Asia Pacific. “We will continue to grow our sales across the region through the rest of this year and into 2017 as we introduce more new vehicles and technologies, such as new Kuga with SYNC 3 launching now in China.”

You May Also Like

Schaeffler Recognized as a GM 2023 Top Global Supplier

This is the fourth time Schaeffler has been honored with this award.

Schaeffler announced it was recently recognized as a top global supplier of 2023 by General Motors during the automaker’s annual Supplier of the Year event in Miami, Florida. This is the fourth time Schaeffler has been honored with this award.

Emphasizing shared values between GM and global suppliers, the rigorous selection process distinguishes those who align closely with GM’s principles, Schaeffler said. These values, rooted in performance, innovation, cultural alignment, and commitment to GM’s ambitious goals, serve as the foundation of the selection criteria.

Continental Marks 15 Years in Thailand, Five Years of Tire Production in Rayong

Continental’s Rayong plant has an annual production capacity of 4.8 million tires and employs around 900 people.

Global EV Sales Expected to Increase by 21% in 2024

This represents a significant decline from growth rates of 31% in 2023 and 60% in 2022, ABI Research said.

Switch EV Trainer Provides Tailored EV Tech Training
Geotab: UK’s Most EV-Suitable Market in Europe

By going electric, British private and public sector organizations could reduce the TCO per vehicle by $16,341 over seven years.

Neusoft Launches Global In-Vehicle Intelligence Solution

OneCoreGo 5.0 made its debut at Auto China 2024 and aims to enhance in-vehicle experiences with AI-driven solutions.

Car-Technology-1-generic-1400

Other Posts

Apollo Tyres Adds to EU Lineup

The EnduMile LHT, the company’s most durable and fuel-efficient trailer tire, is now available in a 385/55 R22.5 format.

Apollo-Tire-new-EU-sizes-1400
Blink Charging UK, Evri Collaborate to Electrify Courier Fleet

EV chargers installed at Rugby enhance Evri’s sustainability efforts, supporting a greener future in parcel delivery across the UK.

blink_rugby_398-1400
Brembo Reaches 75% Renewable Energy Use Globally

The company’s CO2 emissions fall as Brembo presents activities and results achieved in every area of ESG.

brembo hackathon
New 17-ton Rotary Pit Lift Released in Europe, Middle East, Africa

The lift can adjust to fit different pit sizes, while maintaining the ability to pick up, lift and support heavy-duty vehicles.

Rotary-pit-lift-600