Jul 4th, 2008 by RJ Menezes
Ford Motor Co. has announced that they will start production of the new Mondeo in it’s Russian plant come September. According to some local dealers, producing the Mondeo locally will reduce time spent on logistics and bring down the retail price by 7 percent.
“We will launch Mondeo in September this year. We don’t have further plans (for expansion), but if the market increases we want to participate,” said Wolfgang Schneider, Ford of Europe’s vice president. “There is currently a very high demand for the Mondeo model,” Schneider said. About 150 Mondeo models are sold monthly and there is a three-month queue for delivery orders.
The company hopes this move will boost annual production capacity to 125,000 cars, including 100,000 Focus models and 25,000 Mondeos. Ford said it is investing $100 million to reconstruct and expand facilities at its factory in Vsevolozhsk near St. Petersburg to accommodate increased production of the new Mondeo.
Above: No wonder it’s selling well, that’s a nice looking car…
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