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Home » Russia

Ford Motor Company’s Sales are UP!

Submitted by Bill Belew on Friday, 24 March 2006No Comment

Ford motor company’s sales are up 54%! And Ford has more than 11% of the market share since launching local production of its Ford Focus in 2002.

On an average day in 2005 one local car dealer sold 15-20 Mitsubishi cars or Hyundai autos at $15,000 to $60,000 a pop.

So, where are sales so hot?

Russia.

Last year, Russia drew $16.7 billion in foreign investment, a record, and up 38% from the previous year.

Coca Cola burped up $600 million to buy a Russian fruit-juice company. I have tasted Russia’s juice and it needs help. Though I am not sure Coca Cola is the answer.

Heineken belched up $750 million in purchases.

There was also some serious investment in car production by Toyota and VW .

Are you planning on doing business in Russia?

Why not?

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  • Melissa Petri said:

    I loooove the writing style. Burp and belch made me laugh. So apt and yet… witty way of making what could have easily been a hohumm report more interesting.

  • panasianbiz said:

    Thank you for reading, Melissa.

    That’s what happens to me whenever I have to drink a Coke…and I say have to because I would never drink one on my own free will. But when I was in Russia, friends would give me one with a smile and…well, you get the picture.

    Thanks again for reading.

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