Ford Motor Company (F): More Progress in China

Ford’s recent success is driven by the Focus which remains Fords best-selling model in China; it sold 155,000 units for the year and 27,345 in May alone. The Kuga might have something to say about claiming the top spot when it has a full year of sales under its belt; it topped 28,000 units sold last month.

Bottom line
The U.S. market fuels nearly all of Ford Motor Company (NYSE:F)’s profit, but that’s going to change over the next two to three years as management expects to double its market share while launching 15 new models in China. Recent success with the Kuga is great news for investors that are banking on Ford understanding the Chinese consumer well enough to gain ground on rival General Motors Company (NYSE:GM), which is one of the dominant players in the region. One thing is for sure, Ford has made a substantial first step in helping to secure its future profitability and looks able to take advantage of a quickly growing market.

The article Ford Stock: More Progress in China originally appeared on Fool.com.

Fool contributor Daniel Miller owns shares of Ford Motor Company (NYSE:F) and General Motors Company (NYSE:GM). The Motley Fool recommends Ford and General Motors Company (NYSE:GM). The Motley Fool owns shares of Ford.

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