Ford And VW Report Robust Sales

Ford, United States' second largest automaker, boasts its combined sales of its brands Ford, Lincoln, Volvo, Jaguar and Land Rover. It was divulged by said automaker that the figures rocketed by 105.5 percent to 114,685 units starting from January to September this year.Cheng Meiwei, vice-president of Ford and chairman of Ford Motor China said, "Ford Motor Company is poised for an exciting full-year performance in 2006 in China and is ready to continue its rapid growth in 2007.""We can state already today that we will achieve all three targets of our Olympic Restructuring Program for this year (in China). The three targets are a stabilized market share, better sales than in 2005 and positive financial results."Chang'an Ford produces Fiesta, Focus, Mondeo and Volvo S40. Ford is also building a new plant in the East of China. and Chang'an. Next year, said plant will begin to assembly Ford and Mazda vehicles.