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Ford Is Speeding Ahead In This Key Growth Market

Summary

Ford’s sales in China have accelerated this year as the company has focused on key growth segments such as SUVs and luxury vehicles to drive growth.

At the current pace of growth, Ford’s Chinese sales could exceed 1.1 million units this year, thereby topping 2015 sales.

SUV sales in China are expected to triple by 2020, while the luxury market is anticipated to grow at 12% a year, which is good news for Ford’s strong line-up.

Ford is on track to benefit from EV growth in China as 25% of its models will be EVs by 2020 since it plans to introduce 13 new electric vehicles.

Although Ford (NYSE:F) generates most of its revenue from the...


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