Ford’s Motor Co. and its joint ventures vehicle sales in China fell 7 percent from a year earlier, the company said in a statement. In November alone, Ford and its joint ventures sold 43,338 units in China.
However, total vehicle sales for the first 11 months rose 7 percent to 470,152 vehicles, the statement said.
“The sluggish business performance is due to further weakness in China’s overallmarket as well as the significant price reduction on competitive models,” said YamadaNoriaki, president and CEO of Mazda Motor China.
Ford said its Changan Ford Mazda Automobile Co. passenger-vehicle venture sold 289,870 Ford-branded vehicles during the January-November period, an increase of 6%.
Deliveries at Jiangling Motors Corp., Ford’s commercial-vehicle joint venture, fell 19 percent to 13,721 vehicles last month, according to the company.
The announcement comes shortly after GM said today its vehicle sales in China rose more than 20 percent from a year earlier to 237,130 vehicles. The company’s sales in the country during the January-November period rose 8.2% from a year earlier to 2.35 million units, it said in a statement.