On April 9th, 2015, Ford Sollers — Ford Motor Company’s joint venture in Russia — commenced production of the all-new Ford Mondeo at its Vsevolozhsk plant near St. Petersburg, Russia. Mondeos manufactured at the plant will be sold locally in the country.
“Ford Sollers is continuing to invest in expanding the Ford vehicle portfolio in Russia, and to modernize our production facilities. The start of production today of the all-new Ford Mondeo is more proof of our commitment to bring the latest Ford models to our Russian customers,” said Ted Cannis, President and CEO, Ford Sollers.
Production of the Mondeo at Vsevolozhsk follows a full-scale modernization of the facility, the purpose of which was to improve its ability to manufacture high quality, innovative and technologically-advanced Ford vehicles. Including these recent upgrades, the total investment in the Vsevelohsk Plant since it opened exceeds $400 million.
“While in the short term, Russia remains an extremely volatile and challenging market, we believe the market likely has significant potential in the longer term. This is why this year alone Ford Sollers is launching at least four more new Ford models, including the all-new Ford Mondeo, new Ford Focus, and the new Ford Fiesta.”