- German Opel Workers Bitter After GM Shock
- Republican Wins Virginia in Test of Obama's Clout
- Look Ahead: Market Taking Its Cues From Fed Statement
- Bailed-Out Banks Preparing Pay Bonanza: Study
- World Bank Raises East Asia Growth Forecast
- Berkshire's 15 Biggest Stock Holdings
- Buffett Needed No Bankers for Burlington Deal
- Toyota to Pull Out of F1, Raise Output: Report
- IEA to Cut Long-Term Oil Demand Outlook
- Final World Series Games Big Money Makers
- Best Buy To Embed Digital Download Platform on Devices
- Options Trader Targets Precious Metal Surge
- October Shows Auto Rebound Will Be Slow
- The Silencing of Paul Volcker?
- CNBC Transcript: Warren Buffett Explains His Railroad 'All-In Bet' on America
- CIT's Retail Impact?
- M&A: Signs of Strength?
- Crescenzi: Fed Exit Best As Process, Not Event
MOST SHARED
- Lack of Paid Sick Days May Worsen Flu Pandemic
- The World's Most Secretive Tax Havens
- AT&T Sues Verizon Over 'Misleading' Wireless Ads
- Berkshire Hathaway's 15 Biggest Stock Holdings
- Ford CEO: We're on a Steady Trajectory of Growth Now
- US Economic Growth Could Accelerate After Strong Reports
- Pending Home Sales Rise for Eighth Straight Month
- CIT Group Files for Bankruptcy Protection
- Israel: Leader of Business Innovation
- PepsiCo misplaces letter, faces $1.26 bln judgment
Text Size 
Ford Motor [F
Loading...
()
] said its China vehicle sales in the third quarter jumped 79 percent from a year earlier as Beijing's stimulus policies bolstered auto demand.
 |
AP |
Ford, which broke ground for its $490 million third China plant in September, sold a record of 119,338 vehicles in the country in the three-month period, it said in a statement late on Tuesday.
Sales came to 316,639 units in the first nine months, up 32 percent from a year earlier.
Changan Ford Mazda, a tie-up with Chongqing Changan Auto and Mazda Motor, sold 227,839 cars in the first nine months, up 43 percent from a year earlier.
Sales of its all new Fiesta compact car came to 32,178 units since its launch in March, while September sales of its mid-range Focus sedan surged 72 percent to an all-time monthly record of 13,891, it said.
Jiangling Motors, a commercial vehicle maker partly owned by Ford, sold a record of 82,718 vehicles in the first three quarters, including 23,520 Ford Transit models, it said, without providing comparative figures.
China's auto market, the biggest in the world, is a major bright spot this year helped by government incentive policies.
Volkswagen sold 1.06 million vehicles in China and Hong Kong from January to September, up 37 percent from a year earlier. General Motor's [GM
Loading...
()
]China sales rose 55.6 percent to 1.29 million during the period.
- These four sectors will be the next to lead the market.
- These executives got the largest pay packages of the last 10 years.
- People who are scared of flying can now press a button on their iPhone to help them deal with their panic.
- A Harvard professor’s unusual confectionary is blowing away chocolatiers in Paris.
- How much would you pay for a motorized La-Z-Boy? An eBay auction for a police-confiscated 'DWI' chair is fetching high dollars.
- What you need to know.
Data is a real-time snapshot *Data is delayed at least 15 minutes