Ford Short of Russian SUVs Adding EcoSport in 2014

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Ford Motor Co., the second-largest U.S. automaker, and partner OAO Sollers will introduce a third sport-utility vehicle in Russia and boost engine production in the country to meet rising demand.

The Ford Sollers venture will build the EcoSport SUV in the second half of 2014 and as many as 105,000 engines a year at the factory beginning in December 2015, both in Russia’s Tatarstan region, according to a statementBloomberg Terminal. The $274 million plant will eventually have capacity to make as many as 200,000 engines a year, Dearborn, Michigan-based Ford said.