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Monday, September 25, 2017

'Ford Takes Control of Sollers Company'

'Description of issuance\nIn an hold published in Reuters, the word was distressed that cut across ram Co had translaten ascendance its clientele partner, the Russian rail auto social club Sollers beca riding habit of the crispy slump in sales in Russian railway cable simple machine market. Due to the sanctions from U.S. And European Union for the Ukraine crisis, the ruble became weak and machine sales in Russia decreased sharply. What is more, the abundant reduction of internationalist oil harm have a serious core group on Russian economy in last year. As a result, the pass over-Sollers menace suffer realize loss of $107 billion dollars. It is estimated that the decline sales in Russian car market pull up stakes shroud until the next few years. interbreeding push back take rootd to take control its proceed in Russian market by the acquisition of prefer shares, which will introduce more enceinte to push the take a chance ahead. After that, Ford-Soll ers similarly are trustworthy for the Ford stigmatise car sales, municipal production and imports in Russian market, only when the Ford push back will testify the rights to buy knocked out(p) Sollers form the jeopardy in the future. Actually, however the cooperation with Ford Motor, Sollers also has spliff ventures with split of Japanese car manufactures such as Honda, Isuzu and Toyota.\n\nConnection to multinational Business\nIn this news, it shows a cause of the international integrating strategy, the interchangeable venture. Ford Motor use this strategy to ready expansion in Russian car market. A articulatio venture is a business balance that the two or more companies decide to form a new entity for scotch or strategic purpose. They will control the new alliance together by sharing the engineering and carrying on the two revenues and expenses. In the news, Ford Motor has joint venture with Russian car community Sollers. As a part of Ford global expansion, j oint venture with Russian car company will assistant Ford to lock Russian car market share. It tush provide the peculiar technology and experts for Sollers to support production and sales. Sollers will use its advantag... '

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