{"id":120789,"date":"2017-11-14T09:19:28","date_gmt":"2017-11-14T14:19:28","guid":{"rendered":"http:\/\/www.thedetroitbureau.com\/?p=120789"},"modified":"2017-11-14T09:46:33","modified_gmt":"2017-11-14T14:46:33","slug":"ford-gm-set-october-sales-records-in-china","status":"publish","type":"post","link":"https:\/\/thedetroitbureau.com\/2017\/11\/ford-gm-set-october-sales-records-in-china\/","title":{"rendered":"Ford, GM Set October Sales Records in China"},"content":{"rendered":"
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GM Executive Vice President and GM China President Matt Tsien said the automaker is tracking for a record sales year in China.<\/figcaption><\/figure>\n

The Chinese subsidiaries of General Motors and Ford Motor Co. are on their way to recording sales increases in China this year after posting setting sales records in the world’s largest market for new vehicles during October.<\/p>\n<\/div>\n

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GM\u00a0and\u00a0its joint ventures delivered\u00a0an October-record 382,723 vehicles\u00a0in China. Retail sales were up 11%\u00a0year\u00a0on year, marking the highest monthly sales growth in 2017.<\/p>\n<\/div>\n

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Global Auto News!<\/figcaption><\/figure>\n

Buick, Cadillac, Chevrolet and\u00a0Baojun\u00a0had their best ever October sales. SUVs remained the fastest-growing segment for GM, with sales surging 64% year over year.<\/p>\n<\/div>\n

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Demand for Cadillac luxury vehicles rose 36% from a year earlier, making October the brand\u2019s 20th consecutive month of double-digit growth. Cadillac sales totaled 17,018 units.<\/p>\n<\/div>\n

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(GM will meet China EV production mandates without buying NEV credits. For more, <\/em>Click Here<\/a><\/span>.)<\/em><\/strong><\/p>\n<\/div>\n

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In the first 10 months of 2017, GM and its joint ventures in China delivered\u00a0a record 3,130,862 units, which was up 2.2%\u00a0from a year earlier. Ford is experiencing similar booming results.<\/p>\n

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Ford China Chief Jason Luo said the company set record sales results in October.<\/figcaption><\/figure>\n<\/div>\n
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“Both Lincoln and JMC set new records for October sales in China Lincoln continues to grow rapidly, with year to date sales up 85%,”\u00a0said Jason Luo, chairman and chief executive officer of Ford China.<\/p>\n<\/div>\n

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“Meanwhile, strong customer demand for Ford Mondeo and Ford Kuga continued in October, with both nameplates achieving double-digit growth compared to October 2010.\u201d<\/p>\n<\/div>\n

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(<\/em>Click Here<\/a><\/span>\u00a0to see more about Ford’s new EV JV in China.)<\/em><\/strong><\/p>\n<\/div>\n

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Ford Motor\u00a0Co.\u00a0sales\u00a0in China total nearly 106,000 vehicles\u00a0in\u00a0October, a\u00a05% decrease compared with October 2016.\u00a0The\u00a0year-to-date sales for Ford Motor\u00a0in China total is nearly 939,000 units, a 5% decrease year over year.<\/p>\n<\/div>\n

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Monthly\u00a0sales\u00a0for Changan Ford Automobile (CAF) total nearly 74,000 vehicles, down 11% compared to October last year.\u00a0The year-to-date sales for CAF total more than 640,000 vehicles, down 14%\u00a0compared\u00a0to the same period in 2016.<\/p>\n<\/div>\n

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Lincoln also achieved\u00a0an October sales\u00a0record this month in China, according to Ford.<\/p>\n<\/div>\n

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(To see more about the rise in imported vehicles from China, <\/em>Click Here<\/a><\/span>.)<\/em><\/strong><\/p>\n<\/div>\n

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Lincoln sedans experienced strong growth in October with sales up more than 180% compared to October 2016. Lincoln\u2019s SUV trio, MKC, MKX and Navigator, experienced year-over-year growth of 3%, 12% and 56% respectively. Lincoln MKC also achieved\u00a0the\u00a0record\u00a0monthly sales in October.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

General Motors and Ford Motor Co. enjoyed record October sales increases in China this year. Find out why at TheDetroitBureau.com.<\/p>\n","protected":false},"author":20009,"featured_media":105993,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[8],"tags":[],"make":[],"post-state":[],"category_old":[151],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/120789"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/20009"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=120789"}],"version-history":[{"count":0,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/120789\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/105993"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=120789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=120789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=120789"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=120789"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=120789"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=120789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}