ECHR rules not to revise its judgement on Beslan hostage taking caseWorld September 19, 19:18
Trump vows to 'totally destroy North Korea' if threatenedWorld September 19, 17:50
Russian top brass calls on US to not hamper Damascus’ fight against terrorismMilitary & Defense September 19, 17:49
Zapad-2017 exercise puts Russian army’s "nervous system" to testMilitary & Defense September 19, 17:33
Ukrainian conflict led to spike in hate speech, Russophobia — Council of EuropeWorld September 19, 17:00
Russian regions contribute scores of natural stones for memorial to Gulag victimsSociety & Culture September 19, 16:45
Warsaw police hunting vandals who desecrated Soviet military cemeteryWorld September 19, 16:39
Donbass truce first step towards lifting anti-Russian sanctions — German top diplomatWorld September 19, 16:36
Moscow court arrests man suspected of stabbing hiker to deathSociety & Culture September 19, 16:34
ST. PETERSBURG, April 07. /ITAR-TASS/. Ford’s joint venture in northwest Russia's Leningrad region has suspended production for a week between April 7 and 15, a company representative told ITAR-TASS on Monday.
Ford Sollers, owned by Ford and Russian automotive company Sollers, will halt again between April 21 and June 8, after which it will operate one shift and dismiss about 700 workers.
These measures are taken “in view of serious changes in the economic situation in Russia, in particular the weakening of the ruble [and] a slowdown in consumer activity on the new car market...” the company official said.
Meanwhile, the plant will continue preparations for the launch of revamped Ford Focus and Ford Mondeo marques in 2015. The joint venture does not disclose the planned amount of production for the current year.
Ford Sollers produces, imports and sells Ford vehicles as well as spare parts and accessories for the Russian market. The Leningrad region plant produces 162,000 vehicles a year. Two Ford Sollers plants in the republic of Tatarstan produce 200,000 vehicles.