Ford's Long-Ago Bet on Russia Could Soon Pay Off
Ford Motor Company (NYSE: F) said that it's expanding production in Russia. The Blue Oval said that it's adding a shift at an assembly plant that it owns with Russian automaker Sollers in response to increasing demand for several Ford-brand products.
It's the first time in several years that Ford has moved to increase production in Russia, which has suffered through a protracted downturn in new-vehicle sales. Here's why it's important for Ford.
Source: Fool.com
General Motors Corp Stock
€39.15
4.270%
Currently there is a rather positive sentiment for General Motors Corp with 36 Buy predictions and 8 Sell predictions.
With a target price of 47 € there is a positive potential of 20.05% for General Motors Corp compared to the current price of 39.15 €.