The Russian auto market, in decline for the past year and further hit by the declining value of the ruble and recent sanctions over its annexation of Crimea, has forced Ford to cut jobs and shifts at two of its joint venture plants there. Around 700 of the 2,700 total workers who build the Russian-market Focus and Mondeo will be cut at the plant in Vsevolozhsk, near St. Petersburg as it drops to a single production shift. A second plant about 700 miles away in Yelabuga, in the Tartarstan region,
The current Ford Explorer is sold in more than 64 countries, and this three-row vehicle continues to grow in popularity worldwide. To keep up with demand, Ford began producing the Explorer at Ford Sollers Elabuga Assembly Plant in Tatarstan, Russia, a joint venture facility. This partnership will build Russian-market Explorers only, and production of export vehicles not destined for Russian buyers will continue to be built at Ford's assembly plant in Chicago.
Every once in a while during discussions on the American car market tanking you'll hear about emerging markets potentially saving the day for each automakers' finances. Russia had been eyed as one of those lifeboats, yet it turns out that people aren't buying cars in Russia either. Ford has joined Renault in stopping all production there for a month, extending the traditional holiday shutdown period from two weeks to a full month. With Russia a victim of not only the global credit crisis, but fl