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:


Login or Create new account to add a comment!


Many have been excited with the impending arrival of the next-generation Jeep Wrangler and the new 2019 Jeep Grand Wagoneer, which is slated to be the brand’s new range-topping model....
by - October 21, 2016
Chevrolet has taken the wraps off its new Chevrolet Colorado ZH2 at the fall meeting of the Association of the United States Army (AUSA). Tagged as the most extreme fuel-cell-powered...
by - October 21, 2016
Honda has unveiled the fifth generation of its hot-selling SUV – the 2017 Honda CR-V. The latest iteration of the CR-V should help it maintain its benchmark status in the...
by - October 21, 2016
Many are already expecting BMW to launch an ultra luxurious SUV that will serve at its new flagship by late 2018. Larger than the X5 and X6, the new X7...
by - October 21, 2016
Most of you may have heard or already have one of those autonomous home appliances doing the house chores. Thus, it’s not anymore unusual to see a car going places...
by - October 20, 2016