Led by strong demand for locally built Focus and Mondeo vehicles, sales of Ford Sollers in Russia surged by 30 percent in the first quarter this year. Ford Sollers of Russia sold 27, 323 vehicles in the first quarter, up from 20,919 for the same period last year.
The maker of Mondeo sedan plans to launch a range of new automobile models in Russia to take advantage of an emerging middle class and hopes its new local joint venture will help eventually solve capacity constraints that are limiting output.
Ford has committed to a state target for 350,000 vehicles to be produced in Russia a year by 2014, including 125,000 at its standalone plant in St Petersburg.
In return it will be waived customs duty on components while the local supply chain develops.
According to the AEB Automobile Manufacturers Committee, the sales of new cars and light commercial vehicles in Russia in January-March 2012 made 614,273 units. The year-on-year growth is 19%.
The top 5 are Lada, Nissan, Hyundai, KIA and Renault. All of the five leaders increased sales, but for Lada. Chevrolet, Volkswagen, Toyota, Ford and Skoda are in the top 10.