Tag "Ford Sollers"

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Industry OEMs

Sollers will purchase $75 million worth of shares in the JV with Ford

  RNS.- Russian car manufacturer Sollers will acquire a share of 51% in the JV with Ford for $75 million according to the statement of the company on the corporate

Industry OEMs Passenger cars

Ford Sollers has ended car production in Naberezhnye Chelny

  TASS.- Ford Sollers has ended car production in Naberezhnye Chelny plant, where it manufactured Fiesta and Ecosport models. Engine production has also been discontinued in Elabuga, as reported by

Industry OEMs Passenger cars

Ford estimates the cost of leaving the Russian car market as $174 million

  RNS.- Leaving the Russian car market will bring Ford an estimated cost of $174 million, as stated in the company report. “Exceptional cost. Russia: $174 million” – the report

Industry OEMs Passenger cars

Ford passenger car production will discontinue in Russia by the end of June

  RusAutoNewsCom.- As reported by the company press office, the shareholders of Ford Sollers joint venture: Ford Motor Company and Sollers have come to an agreement and signed a protocol

Import Export OEMs

Ford Sollers has increased the exports of Russian production cars in 2018

  Autostat.- Ford Sollers has exported a total number of 1,125 Russian production cars in 2018, which has indicated an 11% year-on-year growth. The relevant statement has been made to

Commercial vehicles Industry OEMs Passenger cars

Ford may go for downsizing in Russia

Kommersant.- Ford intends to restructure its business in Europe. The company may cut down its model range and production capacity. The loss of Ford Europe has increased by 27.6% during

Aftermarket Import Export OEMs Passenger cars

Ford Sollers will supply Europe with Ford Focus spare parts

  RusAutoNewsCom. – Ford Sollers has announced the start of Ford Focus spare parts supplies to Europe. The project provides for the supply of 21 components, in the amount of

Commercial vehicles Government Market

Government will allocate an additional 5 billion rubles for school buses

  Autostat. – The Russian government has passed a draft decree on the additional purchase of ambulances and school buses. According to the statement of the cabinet, an allocation of

Industry OEMs Passenger cars

The 700,000th Ford Focus has been manufactured in Russia

RusAutoNewsCom. – Ford Sollers has announced that the 700,000th Ford Focus has rolled off the production line at the Vsevolozhsk plant of the company. The factory in Vsevolozhsk commenced operations

Commercial vehicles Government

Government has allocated 5 billion rubles for the purchase of school buses

  RNS. – The Russian Ministry of Industry and Commerce plans to allocate 5 billion rubles for the purchase of ambulances and school buses in 2018, according to a government decree.