More Huge Gains for Ford in China

By John Rosevear – Jul 8, 2013 at 2:30PM

NYSE: F

Ford Motor Company

Market Cap

$48B

Today's Change

(0.66%) $0.08

Current Price

$12.14

Price as of April 19, 2024, 4:00 p.m. ET

Ford's sales in China jumped in a big way in June – adding to the company's spectacular growth streak so far in 2013. Here's why that's so important for Ford.

The Ford Kuga is the Chinese-market version of the Escape. Ford has sold almost 40,000 in the last few months. Photo credit: Ford Motor Co.

Ford (F 0.66%) was very late to the Chinese auto market, but lately it has been making up for lost time in a big way. Ford's China sales were up over 40% in June, capping a first half that has been nothing short of spectacular for the Blue Oval.

But Ford is chasing much bigger gains in what is already the world's largest auto market. In this video, Fool.com contributor John Rosevear explains how Ford is making such rapid progress in China – and why it could mean big things for Ford's stock over the next couple of years.

Fool contributor John Rosevear owns shares of Ford. Follow him on Twitter at @jrosevear.The Motley Fool recommends Ford. The Motley Fool owns shares of Ford. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.