Ford overtakes Toyota as 5th largest foreign carmaker in China

Article by Anita Panait, on January 8, 2014

Ford Motor Co. posted a 49-percent surge in sales China in 2013 to 935,813 units. This allowed Ford to overtake Toyota Motor Corp. as the fifth-largest foreign carmaker in China. Toyota, on the other hand, sold 917,500 vehicles in China for a 9.2 percent rise. This marks the first time that Ford outsold Toyota in China.

The carmaker is also catching up with General Motors Co. and Volkswagen AG despite starting late in the country. Helping Ford outpace any major rival carmaker in China is the strong demand for the Ford Focus. Ford also benefited from the popularity of new locally built models like Kuga and EcoSport SUVs and the Fusion, which is known as Mondeo in China.

The US carmaker is also spending around $4.9 billion to double its manufacturing capacity in the country. "Ford was a latecomer, but they've really made an effort to diversify their portfolio," Klaus Paur, global head of automotive coverage at market researcher Ipsos, told Bloomberg.

He noted that for this year, Ford will solidify its position since it likely has a “good strategy and good portfolio." In the first 11 months of 2013, Volkswagen outsold all other foreign carmakers in China. Behind VW were General Motors, Nissan Motor Co. and Hyundai Motor Co., according to figures reported by the carmakers. GM had been leading sales among foreign carmakers in China for eight straight years.

Toyota managed to post a rebound in sales after customer backlash in 2012, thereby logging record figures in 2013. To win back customers in China, Toyota brought in new versions of the Vios, Yaris L and Reiz compact cars and the RAV4 crossover. Honda, meanwhile, logged a 26-percent surge in sales to a record 756,882 vehicles in 2013.

Topics: ford, toyota, china, sales

If you liked the article, share on:

Comments

Recommended

It seems that AM-RB 001 hypercar is not the only vehicle project that Aston Martin and Red Bull Racing has gone into. This time, don’t expect something as outlandish as...
by - February 24, 2017
The year 2018 marks the golden anniversary of Subaru of America. Of course, the company will celebrate 50 years of being at the helm of the brand’s crusade in North...
by - February 24, 2017
During car crashes and accidents, there are times that its occupants can’t get out easily. There are times when the only way to get out of that situation is to...
by - February 23, 2017
Could this be a special version of Ferrari’s much acclaimed LaFerrari? No matter how we look at it, the patent images for this sports car from Ferrari indicate its striking...
by - February 23, 2017
How fast can a 2017 Chevrolet Camaro ZL1 actually go? Considering the amount of power lurking underneath its line-laden bonnet, the 2017 Camaro ZL1 is capable of achieving a top...
by - February 23, 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