Ford Revs Up To Knock Toyota Out Of The Race In China
Toyota, the world’s largest automaker by sales volume, announced their 2013 sales in China this week, having sold 927 500 vehicles w...
https://automology.blogspot.com/2014/01/ford-revs-up-to-knock-toyota-out-of.html
Toyota, the world’s largest
automaker by sales volume, announced their 2013 sales in China this
week, having sold 927 500 vehicles with its joint venture companies,
which is a 9.2% increase. Honda also drew a record number of buyers to
their brand and saw sales jump to 756 882 units, a whopping 26%
increase.
Both
automakers recovered from the anti-Japanese boycotts that both
companies suffered after consumers shunned Japanese products over the
bitter and rhetoric-based territorial dispute between the two countries.
In just about every other corner of the globe, this news would have
been met with much fanfare, but in the topsy turvy world that is China,
the fastest growing and largest market for passenger vehicles, Toyota
actually dropped a place to become the sixth foreign automaker in sales
volume ranking, the fifth place having been usurped by Ford.
Ford’s
sales in the year just ended saw a tremendous jump of 49% to close out
the year with 935 813 vehicles sold, with sales of 94 838 units in
December alone. In a somewhat understated comment, John Lawler, Chairman
and CEO of Ford Motor China, said “2013 has proved to be a milestone
year for Ford’s accelerated growth in China as we delivered on our plan
to bring to China, seven of Ford’s next-generation global vehicles.”
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Whilst
much has been made of the territorial dispute between Japan and China
having dented the sales for Honda and Toyota, we may need to look at the
sales for Nissan, who is fourth in the ranking and did not seem to have
suffered in the same way. So perhaps Ford’s success is in the freshness
of their products, something new in a market that is always looking for
the next best thing.
GM
and VW are still top dogs for foreign brands in the Chinese market with both
companies reporting sales of more than three million units each and
Hyundai a surprising third with about one million sales. When you look
at the table for sales in 2012, this does bring home the rapid increase
in sales for the territory:
image: thecityfix.com |