SHANGHAI--Ford Motor Co. (F) and its joint ventures in China sold 935,813 vehicles in the country in 2013--up 49% on year, the U.S. car maker said on Monday.
Sales of Ford-brand passenger cars at Chongqing Changan Ford Automobile Co. (000625.SZ), a 50-50 joint venture between Ford and Chongqing Changan Automobile Co., rose 62% to 678,951 units.
Sales of Ford-brand commercial vehicles at Jiangling Motors Corp. (000550.SZ), in which the U.S. maker owns a 32% stake, gained 15% to 230,006 units.
"In 2014 by remaining focused on our plan we look forward to serving more Chinese customers--growing our capacity, expanding our dealerships network and continuing to bring them high-quality, safe, fuel efficient and smart Ford vehicles," Ford Motor China Chairman and Chief Executive John Lawler said.
Ford plans to introduce 15 new vehicles in the country by 2015. It plans to double production capacity to 1.2 million vehicles by 2015--the company's most rapid expansion anywhere in 50 years.
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January 06, 2014 02:28 ET (07:28 GMT)Copyright (c) 2014 Dow Jones & Company, Inc.