23 March 2019

SUVs help Ford gain market share in China, WSJ says

Ford Motor Co. is gaining market share in China thanks to growing demand for its sport-utility vehicles, the Wall Street Journal reported Thursday. While Focus-size compact cars still are the most popular passenger vehicles sold in China, the company’s EcoSport, Kuga and Edge SUVs have sold well and are driving the automaker’s market-share gains, it said. John Lawler, chief executive of Ford Motor China, was quoted as saying that the company decided to field more SUVs in China after watching trends in other markets such as South America and Europe, where consumers aspired to graduate to SUVs from sedans. Ford’s sales in China surged more than 50 percent last year and are off to a strong start in 2014, the report said.

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