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Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Sollers had originally planned a joint venture with Fiat.
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Electric car supporters are rising to defend General Motors’ development of the Chevy Volt after the Obama Administration’s automotive task force proclaimed that the car was probably too expensive to be commercially successful in the near future. . Supporters of the car say that’s shortsighted. and Chrysler. Whatever B.C.G.’s
employees engaged in motor vehicle parts manufacturing, about one-quarter—nearly 150,000—make components for internal combustion powertrains.”. Including suppliers, dealers, service centers, etc., The Congressional Research Service (CRS) estimates that, “Of the nearly 590,000 U.S. there are more than 7.25
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