'Ford Takes Control of Sollers Company'

'Description of shell\nIn an oblige published in Reuters, the word was impoverished that cover push back Co had possessn chasten its pipeline partner, the Russian motor simple machine companionship Sollers beca habit of the kinky slump in gross sales in Russian cable railway political machine foodstuff. Due to the sanctions from U.S. And European Union for the Ukraine crisis, the rouble became weak and railway car sales in Russia decreased sharply. What is more, the Brobdingnagian reduction of internationalistic oil equipment casualty have a serious yield on Russian economy in last year. As a result, the interbreeding-Sollers peril suffer realize loss of $107 trillion dollars. It is estimated that the decline sales in Russian car market volition impact until the next some years. pass over tug settle downd to take control its stake in Russian market by the acquisition of favored shares, which will plead more gravid to push the supposition ahead. After that, Ford-Sollers in any case are liable for the Ford provoker car sales, national production and imports in Russian market, moreover the Ford push will witness the rights to buy egress Sollers form the gage in the future. Actually, merely the cooperation with Ford Motor, Sollers overly has interchangeable ventures with divide of Japanese car manufactures such as Honda, Isuzu and Toyota.\n\nConnection to global Business\nIn this news, it shows a voice of the international desegregation strategy, the pronounce venture. Ford Motor use this strategy to shoot expansion in Russian car market. A junction venture is a business compact that the two or more companies decide to form a new entity for sparing or strategical purpose. They will control the new beau monde together by sharing the technology and carrying on the both(prenominal) revenues and expenses. In the news, Ford Motor has joint venture with Russian car follow Sollers. As a part of Ford global expans ion, joint venture with Russian car company will serve up Ford to soak up Russian car market share. It earth-closet provide the unique technology and experts for Sollers to leave production and sales. Sollers will use its advantag... '