Mexican Media Brands
Report: Ford May Shutter Two Factories in Russia
Ford Motor Co. tells Reuters it will decide this spring whether to shut down two assembly plants in Russia as part of its global restructuring.
Share
Ford Motor Co. tells Reuters it will decide this spring whether to shut down two assembly plants in Russia as part of its global restructuring.
The targeted factories are in Leningrad (Focus and Mondeo sedans) and Tatarstan (Fiesta superminis and EcoSport small SUVs), sources tell Reuters.
The sources say Ford also may stop local production of its Kuga small crossover and Explorer midsize SUV at a second factory in Tatarstan, leaving only Transit commercial van operations there.
Ford and partner OSJC Sollers currently have capacity to build 360,000 vehicles per year in Russia. But sales have lagged in the overall market, and demand is well below capacity.
Last year, Ford sales in the country rose 6% to 53,200 cars and light commercial vehicles in a market that expanded 13% overall, according to the Moscow-based Assn. of European Businesses. Ford sales in January plummeted 44% to 1,700 units.
RELATED CONTENT
-
When Automated Production Turning is the Low-Cost Option
For the right parts, or families of parts, an automated CNC turning cell is simply the least expensive way to produce high-quality parts. Here’s why.
-
Increasing Use of Structural Adhesives in Automotive
Can you glue a car together? Frank Billotto of DuPont Transportation & Industrial discusses the major role structural adhesives can play in vehicle assembly.
-
Choosing the Right Fasteners for Automotive
PennEngineering makes hundreds of different fasteners for the automotive industry with standard and custom products as well as automated assembly solutions. Discover how they’re used and how to select the right one. (Sponsored Content)
