General Motors and Ford Motor Co. succeeded in holding their ground or growing sales in China in the face of some major headwinds with help of strong showings by their luxury brands, Cadillac and Lincoln.
Ford reported 2016 as first quarter sales in China increased 14% compared to the same period last year, with 314,454 vehicles sold. Sales of Ford-branded vehicles reached 114,788 in March, up 5% compared with March 2015.
Lincoln has also had a strong start to the year with 5,484 vehicles sold in the first quarter, a three-fold increase compared with the same time in 2015. Lincoln’s strong performance in the first quarter was supported by the growing number of dealerships, which reached 37 by the end of March, and Chinese customers’ positive reception of Lincoln SUVs, Ford officials noted. (more…)