Ford Motor released its latest financial report, and the new generation of Mondeo launched in the Chinese market within the year

Recently, Ford Motor Company announced its full-year 2021 financial report. According to the earnings report, in 2021, Ford Motor's full-year net revenue was $17.9 billion. Adjusted EBITDA was $10 billion, both of which increased year-over-year. Among them, in the fourth quarter of 2021, Ford Motor's revenue reached $37.7 billion, net income was $12.3 billion, and adjusted EBITDA was $2 billion, all higher than the same period in 2020.

In the Chinese market, Ford China delivered a total of 624,802 vehicles in 2021, an increase of 3.7% year-on-year. The realization of the domestic Lincoln brand is a key role in helping Ford China turn a profit, and also allows Ford Tod to occupy an important place in the competition in China, the world's largest luxury car market. In 2021, lincoln brand sales in China surpassed the U.S. market for the first time, with full-year sales up nearly 50% year-on-year.

In 2021, Ford China's electrification and intelligence have also entered a new stage, and the domestic Ford Mustang Mach-E officially opened delivery in December last year. Ford has also taken the lead in launching a series of disruptive business models, including opening and operating 25 Ford Select exclusive brand city stores for high-end smart electric vehicles, and taking the lead in adopting a direct sales model.

At the beginning of this year, the new generation of Ford Mondeo, which was officially unveiled at the same time as Ford China's new design center, fully integrates the essence of Ford design and the aesthetic cognition of contemporary Chinese consumer trends, presents the latest progress in the combination of forward-looking technology and personalized experience, and will be listed within the year.

Text/Guangzhou Daily, New Flower City Reporter: Zhou Weili

Photo/ Guangzhou Daily, Xinhuacheng Reporter: Zhou Weili

Guangzhou Daily New Flower City Editor: Li Guangman