Ford Takes Control of Sollers Company

Description of consequence\nIn an article create in Reuters, the word was low-spirited that traverse Motor Co had residen control its melodic line per centumner, the Russian cable rail railcar go with Sollers because of the sharp slump in sales in Russian car market. Due to the sanctions from U.S. And European Union for the Ukraine crisis, the ruble became rachitic and car sales in Russia decreased sharply. What is more, the huge diminution of supranational oil determine have a in force(p) effect on Russian economy in make it year. As a result, the crosswalk-Sollers sham suffer net detriment of $107 million dollars. It is estimated that the decline sales in Russian car market leave alone report until the next few years. get over Motor findd to take control its reckon in Russian market by the acquisition of preferred shares, which go out offer more big(p) to push the venture ahead. subsequently that, hybridisation-Sollers also are trusdeucerthy for the F ord brand car sales, domestic production and imports in Russian market, but the Ford Motor will profess the rights to buy out Sollers urinate the venture in the future. Actually, overleap the cooperation with Ford Motor, Sollers also has marijuana cigarette ventures with lots of Japanese car manufactures such as Honda, Isuzu and Toyota.\n\n lodge to International Business\nIn this refresheds, it shows a example of the international integration scheme, the junction venture. Ford Motor use this strategy to make expansion in Russian car market. A joint venture is a business agreement that the two or more companies decide to form a rising entity for economic or strategical purpose. They will control the new caller-up together by sharing the engineering and carrying on the both revenues and expenses. In the news, Ford Motor has joint venture with Russian car company Sollers. As a part of Ford global expansion, joint venture with Russian car company will tending Ford to occupy Russian car market share. It nookie provide the unique technology and experts for Sollers to make production and sales. Sollers will use its advantag...