Ford Sollers Accelerates Growth Plan in Russia with New Engine Plant and Launch of Ford EcoSport SUV

   Ford Sollers Accelerates Growth Plan in Russia with New Engine Plant and
                         Launch of Ford EcoSport SUV

PR Newswire

ELABUGA, Russia and MOSCOW, May 14, 2013

ELABUGA, Russiaand MOSCOW, May 14, 2013 /PRNewswire/ --

  oFord Sollers to build an all-new, $274 million (10 billion Russian Rouble)
    engine plant in Elabuga, Tatarstan – the first passenger car engine plant
    in the region
  oInitial production of up to 105,000 engines a year begins in December
    2015, with capability to build up to 200,000 engines a year. The plant
    will employ 500 skilled workers with the potential for more job growth in
    the future
  oNew engine plant will build three versions of the 1.6-litre Duratec engine
    for Russian-built Ford vehicles
  oFord EcoSport will be built in Tatarstan for the Russian market from the
    second half of 2014; expands the Russian Ford SUV range that already
    includes Ford Explorer and all-new Ford Kuga
  oIn 18 months, Ford Sollers has advanced from building two cars, Focus and
    Mondeo, to seven vehicles today: Focus, Mondeo, Galaxy, S-MAX, Kuga,
    Explorer and Transit

Ford Sollers is accelerating its plan to grow in the burgeoning Russian market
by announcing today that it is building a $274 million (10 billion Russian
Rouble) engine plant in Elabuga, Tatarstan, and also will manufacture and sell
the new Ford EcoSport small sports utility vehicle (SUV).

Production of the EcoSport small SUV will commence at a Ford Sollers plant in
Tatarstan during the second half of 2014, while the manufacture of three
versions of the 1.6-litre Duratec engine will begin at the new engine plant in
December 2015.

"This is an important day for Ford Sollers and underscores how serious we are
about investing in production in Russia and offering a full range of vehicles
for customers in the fast-growing Russian market," said Ted Cannis, chief
executive officer and president, Ford Sollers.

Ford Sollers, the joint venture formed in late 2011 between Ford Motor Company
(NYSE: F)and Sollers, operates three assembly plants in Russia. In 18
months, Ford Sollers has advanced from building two cars, Focus and Mondeo, to
seven vehicles today: Focus, Mondeo, Galaxy, S-MAX, Transit, Kuga and Explorer
and Transit.

"The demand for Ford SUVs is growing in Russia, and we're pleased to announce
that next year our already strong lineup of SUVs will be supplemented by the
Ford EcoSport," said Adil Shirinov, executive director and chief operating
officer, Ford Sollers. "Local production of the EcoSport by Ford Sollers in
Tatarstan will help to strengthen the Ford brand position in Russia's popular
SUV segment."

Today's announcements were made in Elabuga and Moscow, and also involved Vadim
Shvetsov, chief executive officer, Sollers, plus Mark Fields, Ford chief
operating officer, and Stephen Odell, Ford executive vice president and
president of Europe, Middle East and Africa, who were visiting Russia.

New Russian engine plant investment

The official ground-breaking for the all-new Ford Sollers Elabuga Engine Plant
took place this morning in Tatarstan. The event was attended by Ildar
Khalikov, prime minister of Tatarstan. At 42,600 square metres, the facility
will be approximately the size of six football fields.

"We are very excited that this will be the first passenger car engine plant in
Tatarstan," Shvetsov said. "The new Ford Sollers Elabuga Engine Plant shows
that our plans are on track, and that Ford Sollers is becoming an increasingly
important contributor to the growth of the Russian automotive industry."

The plant will build three versions – 85 PS, 105 PS and 125 PS power levels –
of the 1.6-litre, normally-aspirated Duratec gasoline engine. Lightweight,
durable, economical and with low noise and emissions, the Duratec was the
first Ford engine with block, cylinder head, crankcase and pistons all made of
aluminum.

The Ford Sollers Elabuga Engine Plant will have an annual capacity of up to
105,000 units, with the possibility for further expansion of up to 200,000
engines a year. At least 30 per cent of Russian-built Ford vehicles will be
equipped with these engines.

"Russia is a very important part of Ford's One Ford plan for profitable
growth," Fields said. "The establishment of an engine plant here in Elabuga is
another sign of the commitment Ford Sollers and its parent companies – Ford
and Sollers – are making to serve customers in Russia and contribute to the
growth of the Russian auto industry. Just like the Ford vehicles built here in
Tatarstan and in St. Petersburg, the Ford engines built in Elabuga will meet
Ford's top global standards for quality, durability and performance."

The new engine plant will initially employ 500 skilled workers, with the
potential for more job growth should engine production increase.

Ford EcoSport comes to Russia

Ford Sollers also confirmed today the Ford EcoSport small SUV will be built
and go on sale in Russia in the second half of 2014.

Based on Ford's global B-segment platform, the EcoSport combines small car
agility and fuel efficiency with the flexibility, spaciousness, four-wheel
drive, high driving position and style of an SUV.

The EcoSport will strengthen Ford's brand presence in the growing SUV and
crossover market segment. The Russian range of Ford SUVs already includes the
Ford Explorer and the new Ford Kuga.

"We are proud of Ford's deep and successful SUV heritage," Fields said. "The
new EcoSport is a great example of our One Ford plan, which brings together
all of our knowledge and experience in a truly global product development
process. We are confident the EcoSport will be a great success with Russian
customers in the important and growing SUV market segment."

The EcoSport's distinctive silhouette has been shaped to enhance fuel
efficiency. The sub-compact SUV's large front grille, short bonnet and raked
front pillars deliver a sporty and contemporary feel, and angular detailed
headlamps reinforce the contemporary look.

The well-equipped EcoSport interior offers ample space for five people and
their gear, outstanding levels of comfort and quietness.

The Tatarstan-built EcoSport will offer a comprehensive package of driver
assistance technologies including Electronic Stability Program, Hill Launch
Assist, SYNC voice-activated in-car connectivity system and Keyless Entry &
Start system.

"The Russian market will be the largest in Europe in the coming years and
represent an important growth opportunity," said Odell. "The launch of the
EcoSport is one more step in our plan to bring these very latest Ford vehicles
– built to the highest quality, best safety and smartest design – to our
Russian customers."

Ford vehicle production started at the Ford Sollers plant in Elabuga,
Tatarstan in 2012. The facility currently manufactures the Ford Transit, new
Kuga, S-MAX, Galaxy and Explorer, with full production of the Explorer
starting just last month.

Every Ford vehicle made in Tatarstan is built in accordance with Ford's global
quality standards. Together with the class-leading Ford Focus and Mondeo
manufactured in Vsevolozhsk near St. Petersburg, Ford Sollers today builds and
sells seven different Ford vehicles in Russia. EcoSport will be the eighth
vehicle to be built and sold in Russia by Ford Sollers once it goes into
production next year.

In addition to the vehicles it builds, Ford Sollers also sells other Ford
vehicles in Russia. These include the Focus ST, Ranger, Transit Connect,
Tourneo Connect, Tourneo Custom and Transit chassis cab.

About Ford Sollers

Ford Sollers joint venture is responsible for the production, import and
distribution of all Ford brand products, including vehicles, parts and
accessories, in Russia. Ford Sollers joint venture includes production
facilities in Vsevolozhsk (St. Petersburg Region), Naberezhnye Chelny and
Elabuga (Republic of Tatarstan), and headquarters located in Khimki (Moscow
Region).

www.fordsollers.com

SOURCE Ford Motor Company

Website: http://www.ford.com
Contact: Public Affairs, Ford Sollers, +7 (495) 745 97 00, rusmedia@ford.com
 
Press spacebar to pause and continue. Press esc to stop.