Ford will pay around $200 million in cash to employees and providers who lose their jobs when the company shuts down three of its plants in Russia in June, the …
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Ford in Russia
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Ford Motor’s Russian joint venture Ford Sollers will shut down two assembly plants and an engine factory in Russia, leaving the country’s passenger vehicle market, resulting in charges of about …
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Russia’s industry ministry expects Ford Motor to make decisions this year coming from a evaluation of its business in Russia, the ministry informed Reuters on Wednesday. Earlier it was reported …
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Ford Motor is thinking about closing two plants in Russia as part of its worldwide plan to restructure operations in unprofitable locations, three industry sources informed Reuters. If the closures …
