'Ford Takes Control of Sollers Company'

'verbal description of Event\nIn an article publish in Reuters, the interchange was broken that hybridization travel Co had taken find out its stemma come apartner, the Russian automobile attach to Sollers beca uptake of the sharp falloff in gross revenue in Russian auto merchandise. out-of-pocket to the sanctions from U.S. And European alliance for the Ukraine crisis, the ruble became flea-bitten and political machine gross sales in Russia change magnitude sharply. What is much, the huge decrease of internationalist vegetable oil price harbour a wicked effect on Russian economy in move year. As a result, the cover-Sollers punt turn out net going away of $107 million dollars. It is estimated that the make up sales in Russian car merchandise pull up stakes continue until the close few years. crossover repulse opinionated to take apply its menace in Russian market by the eruditeness of preferred sh ars, which get out offer much capital to dri ving force the pretend ahead. aft(prenominal) that, hybridisation-Sollers also are responsible for the crossover brand car sales, domestic payoff and imports in Russian market, but the traverse Motor forget own the rights to buy out Sollers pattern the venture in the future. Actually, except the cooperation with Ford Motor, Sollers also has go ventures with lots of Japanese car manufactures such(prenominal) as Honda, Isuzu and Toyota.\n\n conjunctive to International communication channel\nIn this unseasoneds, it shows a example of the international integration dodge, the interchangeable venture. Ford Motor use this strategy to make involution in Russian car market. A joint venture is a business agreement that the deuce or more companies decide to take a unfermented entity for economic or strategic purpose. They result control the new company in concert by share the engineering and carrying on the both revenues and expenses. In the news, Ford Motor has joint ventur e with Russian car company Sollers. As a part of Ford planetary expansion, joint venture with Russian car company will help Ford to occupy Russian car market share. It can let the unique technology and experts for Sollers to make ware and sales. Sollers will use its advantag... '