Ford Motor Company Korea Sales Jump 171 Percent In September 2020

October 21, 2020 12:05 pm

Ford Motor Company Korea sales increased 171 percent to 1,062 units in September 2020 compared to September 2019 results. Sales increased at both FoMoCo’s brands – Ford and Lincoln.

Brand & Model  Sales

Ford sales increased 374 percent to 659 units:

Ford Explorer sales totaled 530 units
Ford Mondeo sales totaled 15 units
Ford Mustang sales decreased 17.99 percent to 114 units

Lincoln sales increased 59 percent to 403 units:

Lincoln Aviator sales totaled 220 units
Lincoln Continental sales decreased 22.22 percent to 42 units
Lincoln Corsair sales totaled 51 units
Lincoln MKZ sales increased 10.26 percent to 86 units
- The model has been discontinued
Lincoln Nautilus sales decreased 96.33 percent to 4 units
Lincoln does not market the Navigator in South Korea

During the first nine months of the 2020 calendar year, Ford Motor Company Korea sales increased 16 percent to 7,266 units.

Sales Results - September 2020 - South Korea - Ford

MODEL	SEP 2020 / SEP 2019	SEPTEMBER 2020	SEPTEMBER 2019	YTD 2020 / YTD 2019	YTD 2020	YTD 2019
EXPLORER	*	530	0	+19.67%	4,429	3,701
MONDEO	*	15	*	*	144	*
MUSTANG	-17.99%	114	139	-20.34%	607	762
FORD TOTAL	+374.10%	659	139	+15.47%	5,180	4,486

Sales Results - September 2020 - South Korea - Lincoln

MODEL	SEP 2020 / SEP 2019	SEPTEMBER 2020	SEPTEMBER 2019	YTD 2020 / YTD 2019	YTD 2020	YTD 2019
AVIATOR	*	220	*	*	583	*
CONTINENTAL	-22.22%	42	54	-16.14%	343	409
CORSAIR	*	51	*	*	210	*
MKZ	+10.26%	86	78	-26.58%	489	666
NAUTILUS	-96.33%	4	109	+2.22%	461	451
LINCOLN TOTAL	+59.29%	403	253	+17.45%	2,086	1,776

Sales Results - September 2020 - South Korea - FMC Totals

BRAND	SEP 2020 / SEP 2019	SEPTEMBER 2020	SEPTEMBER 2019	YTD 2020 / YTD 2019	YTD 2020	YTD 2019
FORD TOTAL	+374.10%	659	139	+15.47%	5,180	4,486
LINCOLN TOTAL	+59.29%	403	253	+17.45%	2,086	1,776
FMC SOUTH KOREA TOTAL	+170.92%	1,062	392	+16.03%	7,266	6,262

The Ford Authority Take

Ford Motor Company Korea sales increased significantly in September – when the automaker posted one of best records in its contemporary history in the Asian country. The performance represents the second consecutive month of sales growth for FoMoCo in Korea. Additionally, the outstanding performance represents FoMoCo’s best monthly performance in the first nine months of the 2020 calendar year.

The impressive 171 percent jump in sales volume is attributable to the excellent local performance of the company’s new three-row, midsize-plus crossovers – the Ford Explorer and Lincoln Aviator. In September, both models saw sales volumes increase dramatically thanks to improved availability.