Ford CFO says sees ongoing problems in Russia: Handelsblatt

The finance chief of Ford Motor Co (F.N) expects ongoing problems in Russia where the decline of the rouble and the struggling economy was weighing on its market share, according to German newspaper Handelsblatt. Russia's currency and economic woes were cited last week by Ford as major reasons the company lowered expectations for its European business in 2015. Other carmakers have incurred losses and closed production plants in Russia for the same reason. "2015 does not look good," Ford's Chief Financial Officer Bob Shanks was quoted as saying about Russia in an interview to be published on Monday.

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