日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

   

Ford financing zips ahead

By Gong Zhengzheng (China Daily)
Updated: 2007-08-15 06:58

US carmaker Ford Motor Co yesterday said its auto financing arm, Ford Credit Co, more than quadrupled the number of retail contracts in the first seven months of this year in China, the world's second-biggest vehicle market.

Ford Automotive Finance (China) Ltd, the Chinese unit of Ford Credit Co, signed 5,200 retail loan contracts in the period, rocketing 325 percent from a year ago, the Detroit-based group said.

In July alone, Ford Automotive Finance China provided more than 1,000 retail loans, a record monthly high since it kicked off operations two years ago.

The number will exceed 10,000 for the full year, it said, without giving a comparison with 2006.

Ford, which lags behind arch-rivals General Motors, Volkswagen and Toyota in China sales, said the auto financing business is facilitating its drive to become "a top-tier player" in the fast-growing car market.

Passenger car sales of Ford's wholly owned brands, including Ford, Lincoln, Volvo, Jaguar and Land Rover, surged 29 percent year-on-year to 94,064 units from January to July, it said.

Sales of all China-made vehicles grew 24.7 percent to 5.01 million units in this period, according to data from the China Association of Automobile Manufacturers.

Many other foreign carmakers have forayed into the burgeoning auto financing business in China, such as General Motors, Volkswagen, Toyota, DaimlerChrysler, PSA Peugeot Citroen and Nissan.

Italy's Fiat said in June that it would start to offer loans to car buyers in China in the first half of next year.

However, auto financing business remains small in China compared with that in the developed car markets because of the lack of a sound credit system in the country and also because many local customers are still not used to the concept of paying for cars in installments.

Currently, around 10 percent of vehicles sold in China are financed, compared with over 80 percent in the US and Western Europe, according to industry data.

Ford Automotive Finance China said it is providing loans to buyers through 115 dealerships in 58 Chinese cities, three-fifths of its total dealerships across the nation.

Ford now runs a joint venture with China's Chang'an Motor Corp in the western municipality of Chongqing, producing the mid-range Mondeo, the compact Focus, Mazda3 and Volvo S40. Mazda is one-third owned by Ford.


(For more biz stories, please visit Industry Updates)



Related Stories  
主站蜘蛛池模板: 欧美精品在线视频观看 | 欧美日韩精品国产 | 黄色一级网 | 一区二区精品在线观看 | 五十路在线播放 | www.蜜桃av| 日韩欧美国产高清91 | 丝袜超碰 | 欧美日韩另类视频 | 日韩在线视频观看免费 | 激情丁香六月 | 成年人的黄色 | 日本成人综合 | 91免费视频观看 | 日韩一级片免费 | 日韩欧美一区二区三区四区 | 9.1成人看片 | 性感美女av | www.中文字幕在线观看 | 99久久婷婷国产精品综合 | 国产精品一二三四五 | 欧美福利视频在线 | 国产欧美网站 | 国产精品久久久久久久久果冻传媒 | www.毛片com| 久久久久久久久久久久久久 | 久久95 | 久久ww| 四虎影院在线免费 | 欧美日黄 | 日本91| 日韩在线一区二区三区 | 欧美在线播放 | 黄色高清视频在线观看 | 天天干天天操天天爱 | 国产丰满果冻videossex | 国产理论在线观看 | 精品人人爽 | 五月天综合在线 | 中文字幕日韩视频 | 日本高清视频网站 |