Russia buzzing
Russian automaker Gaz and General Motors are planning a joint venture to build a $1 billion factory in Russia. Daimler may be involved as well.
The plant will have an annual capacity of 300,000 units, and will build a car to compete with Renault's best-selling, low-cost Logan.
The local vehicle market in Russia is growing by leaps and bounds, and is on track to become Europe's largest market by year end.
Read more at the Times Online.
Tags: Gaz, General Motors, GM, automotive, auto industry, automotive industry, Russia auto industry, Daimler
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