By Eliza Popova
It should be noted that Ford has decided to leave the Russian market in 2019 - supported sanctions against the Russian Federation for the annexation of Crimea. Then they decided to roll up and sell cars. Sollers Ford in Tatarstan, which released commercial equipment, stopped at the beginning of March this year. The American concern condemned the Russian invasion and has repeatedly allocated assistance to Ukraine. Currently, 49% of Sollers Ford has been sold.
The buyer is not called, but it is known that they purchased them at a "nominal" price. It is known that some car manufacturers sold Russian assets for a symbolic amount of 1 euro. The Ford is retained the right to redeem shares back for 5 years. Ford Motor is the second car concern for the second day, which has announced the final exit from the Russian Federation. Earlier, Mercedes-Benz reported. In addition, their Russian enterprises sold Renault and Nissan. Toyota has closed the plant in St.
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