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As another indication that November car sales in China will be a humdinger, Dow Jones Newswire reports that “sales of Ford brand vehicles by Ford Motor Co.’s passenger vehicle-making joint venture in China rose 152 percent in November from a year earlier.”
Don’t read too much into it. Ford is a relatively small player in the exploding Chinese market. Their November sales totaled 22,738 units. In the January-November period, they sold 210,982 units, a rise of 47 percent from the same period last year.
Official numbers for the whole Chinese car industry should be out any day now, either on Friday or by Monday. As reported before, November sales in China are expected to nearly double.