Russia Loves Ford
"Demand remains strong," according to US-Russia Ford CEO Ted Cannis, who took over last month and has seen a huge spike in vehicle sales. Sales of cars like Ford Explorer and Ford Transit Connect Van are so big, that the American auto maker is moving production of European variants of those vehicles over to Russia.1
Sales of all vehicles in Russia have ranged from 2.6 to 2.7 million so far in 2011 - well above the Association of European Businesses prediction of 2.45 million. Between 2009 and October 2011, Russian vehicle sales have shot up over 30…