Ford says Nov China auto sales up 47 pct yr-on-yr

Reuters

BEIJING Dec 5 (Reuters) - Ford Motor Co and its localpartners in China sold a total 99,157 vehicles on a wholesalebasis in November, up 47 percent from a year earlier, thecompany said on Thursday.

That compared with a 55 percent increase in October.

In the first 11 months of the year, sales by the Dearborn,Michigan-based automaker totaled 840,975 vehicles, up 51 percentfrom the same period last year.

Ford, whose sales have been helped by robust demand formodels such as the Focus compact car and the Mondeo midsizesedan, is expected to unveil the significantly redesignedMustang at a media event in Shanghai later on Thursday. Theevent is part of a global launch of the sporty coupesimultaneously occurring in Dearborn, Barcelona, Los Angeles,New York and Sydney.

The company says the new Mustang is one of 15 new orsignificantly redesigned vehicles Ford is bringing to China by2015 to keep the growth momentum it began building in recentmonths after a slow start in the world's biggest auto market.

In China, the American automaker has now overtaken itsJapanese rival Toyota Motor Corp, helped in part by asales crisis Toyota and other Japanese brands have undergonesince late last year in the wake of a surge in anti-Japansentiment following a territorial dispute between Beijing andTokyo.

During the first 11 months of this year, Toyota sold about809,000 vehicles, up 7.9 percent from a year earlier.

Ford has manufacturing and sales joint ventures withChongqing Changan Automobile Co Ltd and JianglingMotors Corp in China.

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