In recent years, Ford has significantly wound down its presence in Russia, with its operations in that country most recently focusing on commercial van manufacturing via the Sollers Ford joint venture, which FoMoCo previously held a minority interest in. However, given the recent Russian incursion in Ukraine, many businesses are cutting ties with that country altogether, and now Ford will follow suit by suspending its Russian joint venture effective immediately until further notice.
“We at Ford are deeply concerned about the invasion of Ukraine by Russia and the safety of the Ukrainian people,” said Ford CEO Jim Farley. “Effective immediately, Ford is suspending our limited operations in Russia and taking action to support the Global Giving Ukraine Relief Fund.”
Ford doesn’t currently have any significant operations in Ukraine, but a number of Ukrainian nationals work for the automaker in various capacities. The automaker says that it will “continue to support them through this time,” and is also making a $100,000 donation to the Global Giving Ukraine Relief Fund for humanitarian aid to assist Ukrainian citizens and families who have been displaced during this crisis.
That donation is the latest from Ford Fund, which has focused much of its charitable efforts in recent years on COVID-19 relief across the globe, as well as delivering food, personal protective equipment, medicine, and other necessities to communities in need.
We at @Ford are deeply concerned about the invasion of Ukraine by Russia and the safety of the Ukrainian people. Effective immediately, Ford is suspending our limited operations in Russia and taking action to support the Global Giving Ukraine Relief Fund. pic.twitter.com/CfasPz0E2v
— Jim Farley (@jimfarley98) March 1, 2022
In recent years, FoMoCo has slowly wound down its operations in Russia, ending production of numerous models in that country and shutting down two of its three production facilities there, while the third was used as part of its Russian joint venture with Sollers.