<a href="https://www.wionews.com/business-economy/ford-india-introduces-brand-new-premium-suv-endeavour-at-rs-2819-lakh-198952">Ford Motor Co</a>'s&nbsp;China&nbsp;vehicle&nbsp;sales&nbsp;fell for a&nbsp;third&nbsp;consecutive&nbsp;year, by 26.1 percent, as it battles a prolonged overall&nbsp;sales&nbsp;decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility&nbsp;vehicles.

The <a href="https://www.wionews.com/world/trump-says-china-has-agreed-to-cut-tariffs-on-us-made-cars-181113">US&nbsp;</a>automaker delivered 146,473&nbsp;vehicles in&nbsp;<a href="https://www.wionews.com/business-economy/china-fines-ford-joint-venture-citing-anti-monopoly-law-224439">China</a>&nbsp;in the fourth quarter, down 14.7 percent year-on-year, Ford said in a statement. In total, it sold 567,854&nbsp;vehicles over 2019.

Also read:&nbsp;<a href="https://www.wionews.com/business-economy/china-fines-ford-joint-venture-citing-anti-monopoly-law-224439">China fines Ford joint venture, citing anti-monopoly law</a>

Ford has been trying to revive&nbsp;sales&nbsp;in&nbsp;China&nbsp;after its business began slumping in late 2017.&nbsp;

Sales&nbsp;sank 37&nbsp;percent in 2018, after a 6 percent decline in 2017.

Anning Chen, president and chief executive of Ford Greater&nbsp;China, said that while 2019 was a "challenging"&nbsp;year&nbsp;for the automaker, it saw its market share in the high-to-premium segment stabilise and its&nbsp;sales&nbsp;decline in the value segment start to narrow in the second-half of the&nbsp;year.

"The pressure from the external environment and downward trend of the industry volume will continue in 2020, and we will put more efforts into strengthening our product lineup with more customer-centric products and customer experiences to mitigate the external pressure and improve dealers' profitability."

The automaker plans to launch more than 30 new models in&nbsp;China&nbsp;over the next three&nbsp;years of which over a&nbsp;third&nbsp;will be <a href="https://www.wionews.com/business-economy/chinas-miao-wei-no-significant-cut-in-new-energy-vehicle-subsidies-in-2020-273646">electric&nbsp;vehicles</a>. It has also said it would localise management teams by hiring more Chinese staff and aimed to improve relationships with joint venture partners.

New models it launched in the fourth quarter include a new Ford Escape version - for which the automaker said orders received so far have been much higher than expected - and the Lincoln Corsair, the first localized Lincoln model in&nbsp;China.

In&nbsp;China, Ford makes cars through a joint venture with Chongqing Changan Automobile Co Ltd and Jiangling Motors Corp Ltd (JMC). It has also said it would partner Zotye Automobile Co Ltd to sell lower priced cars.

Its larger US&nbsp;rival <a href="https://www.wionews.com/business-economy/gm-workers-struggle-with-daily-expenses-as-long-strike-continues-255454">General Motors</a> Co last week said its&nbsp;sales&nbsp;in&nbsp;China&nbsp;fell 15&nbsp;percent from a&nbsp;year&nbsp;earlier to 3.09 million&nbsp;vehicles in 2019, its second&nbsp;year&nbsp;of decline.

China's <a href="https://www.wionews.com/business-economy/china-auto-sales-slump-continues-in-april-218327">auto market</a> is set to contract by 2 percent in 2020 for the&nbsp;third&nbsp;year&nbsp;of decline, the&nbsp;China&nbsp;Association of Automobile Manufacturers (CAAM) forecast, due to a weaker economy and trade dispute with the United States.

Over 28 million&nbsp;vehicles were sold in 2018, down 3&nbsp;percent from the prior&nbsp;year, while 2019&nbsp;sales&nbsp;are likely to have declined 8&nbsp;percent from the prior&nbsp;year, CAAM said.

Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1 percent, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles.

Ford Motor Co's China vehicle sales fell for a third consecutive year, by 26.1 percent, as it battles a prolonged overall sales decline in its second-biggest market that has hit demand for its mass-market Ford brand and sports utility vehicles. The US automaker delivered 146,473 vehicles in China in the fourth quarter, down 14.7 percent year-on-year, Ford said in a statement. In total, it sold 567,854 vehicles over 2019. Also read: China fines Ford joint venture, citing anti-monopoly law Ford has been trying to revive sales in China after its business began slumping in late 2017. Sales sank 37 percent in 2018, after a 6 percent decline in 2017. Anning Chen, president and chief executive of Ford Greater China, said that while 2019 was a "challenging" year for the automaker, it saw its market share in the high-to-premium segment stabilise and its sales decline in the value segment start to narrow in the second-half of the year. "The pressure from the external environment and downward trend of the industry volume will continue in 2020, and we will put more efforts into strengthening our product lineup with more customer-centric products and customer experiences to mitigate the external pressure and improve dealers' profitability." The automaker plans to launch more than 30 new models in China over the next three years of which over a third will be electric vehicles. It has also said it would localise management teams by hiring more Chinese staff and aimed to improve relationships with joint venture partners. New models it launched in the fourth quarter include a new Ford Escape version - for which the automaker said orders received so far have been much higher than expected - and the Lincoln Corsair, the first localized Lincoln model in China. In China, Ford makes cars through a joint venture with Chongqing Changan Automobile Co Ltd and Jiangling Motors Corp Ltd (JMC). It has also said it would partner Zotye Automobile Co Ltd to sell lower priced cars. Its larger US rival General Motors Co last week said its sales in China fell 15 percent from a year earlier to 3.09 million vehicles in 2019, its second year of decline. China's auto market is set to contract by 2 percent in 2020 for the third year of decline, the China Association of Automobile Manufacturers (CAAM) forecast, due to a weaker economy and trade dispute with the United States. Over 28 million vehicles were sold in 2018, down 3 percent from the prior year, while 2019 sales are likely to have declined 8 percent from the prior year, CAAM said.

Ford's vehicle sales in China tumble for third consecutive year

China car sales fell 14.6 per cent in April, an official industry association said on Monday, extending a slump in a massive auto market that has long been a cash cow for the industry.

Sales fell to 1.98 million last month, according to figures from the China Association of Automobile Manufacturers (CAAM).

Fuelled by rising incomes and government sales incentives, China in recent years has surged to become the world's largest automotive market and one of its fastest growing, prompting global manufacturers to stake their futures on it.

But after years of strong growth, car sales fell last year for the first time since the 1990s, hit by a slowing domestic economy, trade tensions with the United States, and a Chinese crackdown on shady credit practices that have crimped car-financing channels.

Sales had dipped 2.8 per cent in 2018 to 28.1 million units, according to previous CAAM figures, and the decline has accelerated into 2019.

Analyst says the ongoing slump has been heightened by a surge in sales in recent years as consumers rushed to buy cars ahead of the recent removal of tax rebates for small-vehicle purchases.

"At present, the main reason for the market downturn is a lack of consumer confidence," CAAM said.

Factors contributing to the April decline also included the recent implementation of tighter emissions standards in some provinces, which have impacted manufacturers, the association said, without giving details.

The persistent slowdown has pushed major manufacturers to cut prices and announce plans to pursue more design changes and automotive options tailored specifically to Chinese consumers.

The state-run association said car-buyers were in a "wait-and-see" mode, but it sounded a positive note for the future, saying that recent income tax cuts and other government policies aimed at spurring consumption should kick in soon.

"We are full of confidence in the stable development of the automotive market throughout the year," it said.

Major carmakers have stressed that they continue to see solid potential in China's market, particularly in bright spots such as SUVs and electric vehicles.

But competition is expected to intensify even in EVs with Beijing moving to phase out policies that encourage the purchase of "green" vehicles.

CAAM said 97,000 "new energy" vehicles were sold in April, up 18.1 per cent year-on-year.

China car sales fell 14.6 per cent in April, an official industry association said on Monday, extending a slump in a massive auto market that has long been a cash cow for the industry.

China car sales fell 14.6 per cent in April, an official industry association said on Monday, extending a slump in a massive auto market that has long been a cash cow for the industry. Sales fell to 1.98 million last month, according to figures from the China Association of Automobile Manufacturers (CAAM). Fuelled by rising incomes and government sales incentives, China in recent years has surged to become the world's largest automotive market and one of its fastest growing, prompting global manufacturers to stake their futures on it. But after years of strong growth, car sales fell last year for the first time since the 1990s, hit by a slowing domestic economy, trade tensions with the United States, and a Chinese crackdown on shady credit practices that have crimped car-financing channels. Sales had dipped 2.8 per cent in 2018 to 28.1 million units, according to previous CAAM figures, and the decline has accelerated into 2019. Analyst says the ongoing slump has been heightened by a surge in sales in recent years as consumers rushed to buy cars ahead of the recent removal of tax rebates for small-vehicle purchases. "At present, the main reason for the market downturn is a lack of consumer confidence," CAAM said. Factors contributing to the April decline also included the recent implementation of tighter emissions standards in some provinces, which have impacted manufacturers, the association said, without giving details. The persistent slowdown has pushed major manufacturers to cut prices and announce plans to pursue more design changes and automotive options tailored specifically to Chinese consumers. The state-run association said car-buyers were in a "wait-and-see" mode, but it sounded a positive note for the future, saying that recent income tax cuts and other government policies aimed at spurring consumption should kick in soon. "We are full of confidence in the stable development of the automotive market throughout the year," it said. Major carmakers have stressed that they continue to see solid potential in China's market, particularly in bright spots such as SUVs and electric vehicles. But competition is expected to intensify even in EVs with Beijing moving to phase out policies that encourage the purchase of "green" vehicles. CAAM said 97,000 "new energy" vehicles were sold in April, up 18.1 per cent year-on-year.

China auto sales slump continues in April

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Ford's vehicle sales in China tumble for third consecutive year

China auto sales slump continues in April