Ford suspends Russian operations following invasion of Ukraine By Reuters

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© Reuters. FILE PHOTO: Russian and U.S. state flags are mirrored in home windows of a manufacturing unit of Ford Sollers, a three way partnership of U.S. carmaker Ford with Russian companions, in Vsevolozhsk, Leningrad Area, Russia April 12, 2019. REUTERS/Anton Vaganov

(Reuters) – Ford Motor (NYSE:) Co stated on Tuesday that, given Russia’s invasion of Ukraine, it has knowledgeable three way partnership accomplice Sollers it’s instantly suspending operations in Russia till additional discover.

Ford stated it doesn’t have important operations in Ukraine.

Ford additionally stated the Ford Fund is making a $100,000 donation to the World Giving Ukraine Reduction Fund for humanitarian help to help displaced Ukrainian residents and households.

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