Ford and GM achieved record sales in June in China, but a slowdown is forecast in the world’s biggest auto market.
For Ford June was the third consecutive month of record sales for the passenger vehicles and overall vehicle sales slightly increased in the first half of 2012. Ford sold 52,440 passenger and commercial vehicles, up 18% compared to June 2011. Thank to Ford Focus, passenger car sales were up 28% to about 15,000 units. The commercial vehicle sales decreased 1%, due to a “slowdown in the commercial vehicle sector”, as the company declared.
GM achieved record sales in China both in June and in the first six months of the year. The company’s sales were up 11.3% to about 1.42 million commercial and passenger vehicles in the first half of 2012. But the Organization for Economic Cooperation and Development, that offers economic indicators for major industrialized countries each month, announced that the Asian market, including China, will see a decline.
“Despite signs of slowing economic growth in China, demand for GM products rose in all key segments in the first half of the year,” Kevin Wale, president and managing director of GM China Group, said in a statement. “We expect sales growth to remain steady in the second half, driven by demand in China’s interior provinces.”