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Ford Sollers was a joint venture between the American car manufacturer Ford and the Russian Sollers established in 2011, and dissolved in 2022. Ford Sollers was responsible for the production, import, and distribution of all Ford brand products, including vehicles, parts and accessories, in Russia.
It is assumed that the company will produce cars under the brand Ford. [7] In 2012, the joint venture started production car Ford Transit, in 2013 Ford Explorer. March 1, 2011 was announced in Beijing s joint venture "Sollers-Bussan" between "Sollers" and the Japanese group Mitsui & Co. car manufacturing Toyota. Proportion of the parties in the ...
Ford said it has finalized a deal to sell its 49% stake in the Russia-based Sollers Ford joint venture for a "nominal" undisclosed price. (Reuters) -Ford Motor Co said on Wednesday it would exit ...
Ford Motor Co's Russian joint venture Ford Sollers will close two assembly plants and an engine factory in Russia, exiting the country's passenger vehicle market, resulting in charges of about ...
As fighting grows more intense in Ukraine, Ford suspends its joint venture in Russia. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
On March 1, 2022, Ford announced that it was suspending its Sollers joint venture operation in Russia, in response to the 2022 Russian invasion of Ukraine. [ 124 ] [ 125 ] On October 26, 2022, Ford sold its 49 percent share in the joint venture, and exited the Russian market, [ 126 ] adding that it retains the option to buy them back within a 5 ...
MOSCOW (Reuters) - Ford Motor Co is considering closing two major plants in Russia as part of its global plan to restructure operations in unprofitable regions, three industry sources told Reuters.
Ford Capri | Ford Cortina: Factory was a joint venture between Ford UK & Ford's Thai distributor, Anglo-Thai Motors Company. Taken over by Ford in 1973 when it was renamed Ford Thailand, closed in 1976 when Ford left Thailand. 4 Thai-Swedish Assembly Co. Ltd. Samutprakarn: Thailand: Plant no longer used by Volvo Cars. Sold to Volvo AB in 2011.