Ford Ramps Up Production With Sollers

U.S. carmaker Ford unveiled plans to nearly triple its production capacity in Russia alongside local partner Sollers, increasing its foothold in a market it hopes to double by the middle of the decade. The company, which signed a letter of intent to team up with Sollers in February, signed the 50-50 joint venture in the company of Prime Minister Vladimir Putin in Moscow on Wednesday. The deal will see Ford’s […]