| Both Ford Motor Co. and Volkswagen Group have | | | | 28.7 percent from the previous year's record. |
| reported robust sales in China for the first three | | | | FAW Volkswagen's most recent lineup includes |
| quarters of 2006. Ford, United States' second | | | | Audi A6 and A4, Bora, Caddy, Jetta, Golf, and |
| largest automaker, boasts its combined sales of | | | | Sagitar. According to Winfried Vahland, executive |
| its brands Ford, Lincoln, Volvo, Jaguar and Land | | | | vice-president of Volkswagen Group and president |
| Rover. It was divulged by said automaker that | | | | of Volkswagen Group China, "We can state |
| the figures rocketed by 105.5 percent to 114,685 | | | | already today that we will achieve all three |
| units starting from January to September this | | | | targets of our Olympic Restructuring Program for |
| year. The company also said China sales under | | | | this year (in China). The three targets are a |
| the Ford brand, for passenger cars and | | | | stabilized market share, better sales than in 2005 |
| commercial vehicles locally produced and imported, | | | | and positive financial results." Ford, the |
| soared by 111 percent to 106,237 units in the first | | | | Detroit-based automaker, is also engaged in two |
| three quarters of this year. Ford's latest lineup | | | | joint ventures with Chang'an Motor Corp and |
| includes Edge, Shelby GT500 and Mustang. Other | | | | Jiangling Motor Corp, the former is one of China's |
| Ford brands will continue its lineup which features | | | | top vehicle producers and the latter is a growing |
| modifications and several upgrades. Lincoln, for | | | | company. Chang'an Ford produces Fiesta, Focus, |
| one, boasts its modifications to Lincoln Town Car | | | | Mondeo and Volvo S40. Ford is also building a new |
| parts to come up with a more interesting new | | | | plant in the East of China. This plant will also be |
| vehicle. Cheng Meiwei, vice-president of Ford and | | | | utilized by its Japanese affiliates that include Mazda |
| chairman of Ford Motor China said, "Ford Motor | | | | Motor, and Chang'an. Next year, said plant will |
| Company is poised for an exciting full-year | | | | begin to assembly Ford and Mazda vehicles. Major |
| performance in 2006 in China and is ready to | | | | automakers like General Motors, Toyota, Honda, |
| continue its rapid growth in 2007." On one hand, | | | | PSA Peugeot Citroen and Hyundai have not yet |
| Volkswagen has announced its perfected sale of | | | | divulged their China sales report for the first three |
| 524,558 cars in China during the first three | | | | quarters of this year. |
| quarters. The figure has significantly increased by | | | | |