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Ford announced that it is suspending JV operations in Russia, effective immediately, until further notice. In recent years, Ford has significantly wound down its Russian operations, which now focus exclusively on commercial van manufacturing and Russian sales through a minority interest in the Sollers Ford joint venture. As part of...
From technology and shipping to energy and entertainment, businesses around the world are scaling back operations in Russia as numerous countries also impose sanctions.
U.S. company Ford is suspending its operations in Russia in connection with the events in Ukraine, the company said in a statement on its website on Tuesday. "Given the situation, we have today informed our JV partners that we ar
From technology and shipping to energy and entertainment, businesses around the world are scaling back operations in Russia as numerous countries also impose sanctions.
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