Company
12:15, 14-Jan-2019
Ford sold over a million F-Series vehicles globally in 2018
Updated
09:10, 15-Jan-2019
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The Dearborn-based U.S. automaker sold most of it pickups in the United States in 2018, with F-Series sales standing at 909,330 units, up 1.4 percent year-on-year, the Detroit News quoted Ford spokesman Mike Levine as saying Friday.
He said Ford primarily sells its pickups, such as the Raptor, outside of the United States in countries such as Canada, the Middle East and in China.
The over one million pickups sold last year would have generated 50 billion U.S. dollars for Ford.
Ford's F-Series brand is the most valuable piece of the company, analysts and investors maintain.
By the end of November 2018, Ford sold 695,028 new vehicles in China, a year-on-year drop of 34%.
As part of the In China For China strategy, Ford aims to reverse the downward trend in China by launching new products.
According to the China 2025 Initiative, which it announced earlier, Ford will launch 50 brand new products in China by the end of 2025.
Source(s): Xinhua News Agency