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Sizzling sales pace for Ford China

  • Ford China (F +1.8%) sales rose 32% Y/Y in May to 93,323.
  • Sales for the Mondeo model were up 90% to 10,395 - while sales of Ford Focus cars improved by 22% to 33,341.
  • What to watch: The automaker is rolling out the Lincoln brand in China later this year.
Comments (2)
  • cbroncos
    , contributor
    Comments (873) | Send Message
     
    Sales in China are growing at a nice rate. April showed an increase of just over 28% and now we see 32% year over year. This is almost 34% of North America sales and is expected to continue to grow and be equal to North American sales by 2020.

     

    As the plants get finished and start to turn out cars these numbers will only grow and profits will as well. This is what will probably give Ford $2 per share in 2015.
    6 Jun, 01:10 PM Reply Like
  • ted lujan
    , contributor
    Comments (515) | Send Message
     
    These news just forced a lot of shorts to look to cover. Good time to sell some to give the poor guys some cover.
    6 Jun, 01:17 PM Reply Like
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