Ford, BMW Report Strong Sales in China in August

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By Trey Thoelcke Published
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Ford Motor Co. (NYSE: F) said today that strong demand for the Ford Focus helped drive sales in China in August higher. Ford and its joint ventures in China sold 48,631 vehicles in the People’s Republic in August, which was up 39% from a year ago.

In a separate report, BMW said that its sales in China in August rose by more than 37% year-over-year to 25,377 vehicles. That was a new monthly sales record for the world’s bestselling luxury-car maker.

In the January-August period, Chinese sales by Ford and its partners rose 8% to 368,513 units. BMW’s sales in China were up 31% on the year in the first eight months to 207,425 cars.

Ford also said that it will continue aggressive expansion in China. By 2015, it plans to introduce 15 new vehicles in the country and it plans to double its production capacity to 1.2 million vehicles.

Toyota Motor Corp. (NYSE: TM) said today it aims to sell up to 1.8 million cars annually in China by 2015, compared to 900,000 cars it sold in the world’s biggest auto market last year. The Japanese car maker posted its second-consecutive monthly fall in China sales in August.

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About the Author Trey Thoelcke →

Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.

Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community. He previously oversaw the 24/7 Climate Insights site, managing editorial operations and content strategy, and currently oversees and creates content for My Investing News.

Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.

Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, overseeing a long-running critique group and moderating workshop sessions at regional conventions. He lives with his family in an old house in the Midwest.

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