Foreign Sales Rise For Ford

By: Associated Press
By: Associated Press

NEW YORK -- Ford Motor Co. said Monday its sales in its Asia-Pacific and Africa region rose 27 percent in September, helped by brisk sales in China and India and strong demand for its Ford Fiesta subcompact.
Ford said it sold 78,700 cars and trucks last month in the Asia-Pacific and Africa. Sales during the first nine months of the year rose 40 percent to 651,857.
The company said sales in India and China together soared 50 percent during the first three quarters to 482,129 vehicles. The Dearborn, Mich., automaker has spent $500 million this year to double production capacity, launch the Ford Figo, raise exports and increase engine production.
"With the launch of the new Fiesta in Southeast Asia and the continued strong growth in India and China, we had our best sales month ever in the Asia-Pacific and Africa region," Joe Hinrichs, president of Ford Asia-Pacific and Africa, said in a statement.
Shares of Ford rose 14 cents to $13.80 in morning trading.


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