Ford Sollers Ups Production of SUVs in Russia and 2 Other Hot Stocks to Watch
Ford Motor Co. (NYSE:F): Current price $17.15
Ford Sollers on Monday said that it is expanding its lineup of Ford SUVs produced in Russia to satisfy rising demand. The Ford company will commence full-cycle output of the Ford EcoSport sport utility vehicle next year, and it will be the first vehicle manufactured at a modernized facility in Naberezhnye Chelny, which is Ford Sollers’s second vehicle production factory in Tatartsan and its third plant in Russia. Ford EcoSport and Ford Edge reinforce the Ford SUV lineup in the country, which already includes the Ford Explorer and Ford Kuga.