Install

Get the latest updates as we post them — right on your browser

Today's paper. Last Updated: 05/24/2012

Ford Production Up 20%

ST. PETERSBURG — Ford Motor, located in the Leningrad region town of Vsevolozhsk, plans to build 119,000 automobiles this year, a 20.2 percent increase on the 99,000 vehicles it produced in 2011, president and CEO Ted Cannis told reporters Tuesday, Interfax reported.

The company plans to promote the Mondeo line, Cannis added. Ford Sollers' vice president for marketing, Mark Simpson, said plans for this year include selling some 140,000 vehicles in Russia — both imported and locally assembled.

The Leningrad region plant turns out the Ford Focus as well as Mondeo sedans. It employs 2,700 workers.

(MT)





This article has no comments.

Be the first to leave a comment


Discussion
The Moscow Times welcomes your comments and invites you to discuss topics with other readers. Your comment will be posted automatically to enable a live discussion. If you aren't familiar with our comments policy, you can read it here.

If you're a registered user, you can start typing your comment below. If not, take a moment to sign up. and then return to the article.

If your comment doesn't appear, contact us by using our web form.

Comments

Comments via Facebook



Also in Business in Brief

Business in Brief

Turkey South Stream Invite / Gazprom Bond Issues / KamAZ '08 Profit Tumbles / RusHydro Seeks ADRs / '09 Inflation Reaches 7.4% / Wealth Funds Fell $6.5Bln / For the Record

Business in Brief

China Greets Energy Firms / Svyazinvest Pushes Tariffs / Baltika's Foreign Sales Up / Reiman Rejoins Svyazinvest / For the Record

Business in Brief

IEA Warns on Gas Threat / Progress on Ukraine Loans / RZD Raises $482M / Gazprom Neft's Sibir Stake / Magna Boss Keeps GAZ Seat / AIG Sells Russian Unit / GM Raised Opel Price

Business in Brief

Bill Creates State Road FirmBelarus Seeks EU Free Trade / Sandstorms Delay Contracts / $1.2Bln for Namibia Project / Duty-Free Restrictions Plan / For the Record

Business in Brief

Israel Voids Moscow Tender / Gazprom Plans Bond Sale / Renault Fires French Exec / Miner to Resume Payments / Ministry to Review Kovytka

Business in Brief

Gazprom Waits for Obama / Sberbank's Mystery Owner / Overdue Loans Hit 4.4% / Steel Consumption to Fall / Tymoshenko on June Gas / For the Record



print


Comments

This article has no comments.

Be the first to leave a comment





Most Read