Ford and Sollers sign MoU to establish a JV in Russia
Green Car Congress
FEBRUARY 18, 2011
The proposed JV is one of a number of new market expansions focused on the Russian car market, which the Boston Consulting Group this week said may become the world’s sixth-largest by 2020, selling 4 million cars a year. Sollers had originally planned a joint venture with Fiat. Ford began producing cars in Russia in 2002.
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