Ford and GM log double-digit gains in China in 2014

Article by Christian A., on January 12, 2015

China was a great market last year for American carmakers Ford Motor Co. and General Motors, both posting double-digit sales growths. Ford and its Chinese joint ventures logged a 19-percent surge in China last year to 1.11 million vehicles.

In December alone, Ford sold 13-percent more vehicles to 107,244 – just right after the carmaker had a 2-percent hop in November and a 1-percent drop in October.

According to Ford, its growth in China has been limited by lack of production capacity but is now adding new plants to address this issue. The carmaker’s production operations are being done with partners Chongqing Changan Automobile Co. Ltd. and Jiangling Motors Corp. Ltd.

On the other hand, GM and its local partners sold 12 percent more vehicles in China in 2014 to 3,539,970 units. The carmaker was particularly strong in terms of sales in the last month of 2014, chalking up a volume of 357,375 vehicles, for a 31.9-percent jump.

The huge surge followed a 5.3-percent and 3.2-percent hikes in sales in November and October, respectively.

GM has said that it is planning to spend around $12 billion in China between 2014 and 2017, including the construction of five addition sites to increase its manufacturing capacity in the country where it is partnered with China FAW Group Corp. and SAIC Motor Corp Ltd.

Topics: ford, gm, china, sales

If you liked the article, share on:

Comments

Recommended

Not so long ago, the 2018 Genesis G80 Sport made its debut at the 2016 LA Auto Show. But at that time, it did not have a price yet. And...
by - April 23, 2017
It seems like an increase in price has become a trend for automotive companies lately. Genesis isn’t alone when it comes to this. Subaru had just announced that the 2018...
by - April 23, 2017
Imagine a sports car morphing into an SUV. Chevrolet initially revealed the FNR Concept at the previous Shanghai Auto Show in 2015. For this year, Chevy once again graces the...
by - April 22, 2017
From the moment FCA kicked off with its 3-month-long ad campaign until the day it unveiled the new Dodge Challenger SRT Demon, folks have been guessing what the exact figures...
by - April 22, 2017
Some people may think Audi Sport is a new company but it is in fact the motorsport division of Audi combined with the best of what Quattro GmbH can offer....
by - April 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries