Ford Russia Deal to Accelerate Model Introduction, CEO Says

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Ford Motor Co.’s venture with Russian automaker OAO Sollers will accelerate the introduction of Ford vehicles in that market, Chief Executive Officer Alan Mulally said in an interview today.

“One of the reasons we’re doing this is that we can accelerate the availability of all Ford vehicles,” Mulally, 65, said at the CeBIT technology show in Hanover, Germany. “The idea is that we use this as a distribution channel for all the Ford vehicles.”