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<blockquote data-quote="Weather Man" data-source="post: 16604214" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3680260-ford-sales-in-china-soar-in-q1" target="_blank">Ford sales in China soar 73% in Q1</a></p><ul> <li data-xf-list-type="ul">Ford (NYSE:<a href="https://seekingalpha.com/symbol/F" target="_blank">F</a>) sales in Greater China rose <a href="https://s23.q4cdn.com/799033206/files/doc_news/2021/04/Ford-China-First-Quarter-Sales-Grow-73.3-Percent.pdf" target="_blank">73.3% Y/Y</a> to 153,822 vehicles in Greater China in Q1 to mark the automaker's fourth consecutive quarter of growth in the region.</li> <li data-xf-list-type="ul">Even though the comparison is against the soft pandemic period from a year ago, the company notes that sales of Ford and Lincoln brand vehicles outpaced the industry during the quarter.</li> <li data-xf-list-type="ul">The strong performance was driven by sales of Ford brand SUVs, up 103% to more than 34K units. The locally-produced Lincoln Corsair saw sales increase more than elevenfold to over 11.5K units. Ford Transit commercial vehicles sales were up 74% to approximately 12K units.</li> <li data-xf-list-type="ul">"We intend to fully build on these four consecutive quarters of sales growth to meet rising Chinese consumer demand with our Best of Ford, Best of China strategy," says Ford China CEO Anning Chen.</li> <li data-xf-list-type="ul">Boox Research has a <a href="https://seekingalpha.com/article/4416865-ford-restore-stock-dividend-this-year" target="_blank">breakdown on the potential for a dividend payout from Ford</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16604214, member: 137766"] [URL='https://seekingalpha.com/news/3680260-ford-sales-in-china-soar-in-q1']Ford sales in China soar 73% in Q1[/URL] [LIST] [*]Ford (NYSE:[URL='https://seekingalpha.com/symbol/F']F[/URL]) sales in Greater China rose [URL='https://s23.q4cdn.com/799033206/files/doc_news/2021/04/Ford-China-First-Quarter-Sales-Grow-73.3-Percent.pdf']73.3% Y/Y[/URL] to 153,822 vehicles in Greater China in Q1 to mark the automaker's fourth consecutive quarter of growth in the region. [*]Even though the comparison is against the soft pandemic period from a year ago, the company notes that sales of Ford and Lincoln brand vehicles outpaced the industry during the quarter. [*]The strong performance was driven by sales of Ford brand SUVs, up 103% to more than 34K units. The locally-produced Lincoln Corsair saw sales increase more than elevenfold to over 11.5K units. Ford Transit commercial vehicles sales were up 74% to approximately 12K units. [*]"We intend to fully build on these four consecutive quarters of sales growth to meet rising Chinese consumer demand with our Best of Ford, Best of China strategy," says Ford China CEO Anning Chen. [*]Boox Research has a [URL='https://seekingalpha.com/article/4416865-ford-restore-stock-dividend-this-year']breakdown on the potential for a dividend payout from Ford[/URL]. [/LIST] [/QUOTE]
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