Ford's Response to Russian Invasion of Ukraine

Ford's response to the Russian invasion of Ukraine involved a strategic suspension of its operations in the country. The company announced the suspension of its Sollers joint venture, which was a significant move reflecting its stance against the geopolitical situation. This decision was part of a broader trend among multinational corporations reassessing their business engagements in Russia due to the invasion. Following the initial suspension, Ford took further steps by selling its 49 percent stake in the joint venture, effectively exiting the Russian market. This exit was not just a withdrawal but also included a provision that allowed Ford the option to reacquire its stake within a specified period, should the global situation improve. This approach highlights the company's cautious yet decisive strategy in navigating the complexities of international business amid conflict. Ford's actions were aligned with the responses of other major companies, which also chose to suspend or exit operations in Russia, reflecting a collective corporate response to the invasion and its implications for global trade and ethics in business practices.