Sunday, November 27, 2011

Mazda Signs MoU With Sollers for a New Joint Venture in Russia

Mazda Signs MoU With Sollers for a New Joint Venture in Russia:
China isn’t the only market where carmakers are currently expanding. Mazda, for example, is already producing the Mazda2 in Vietnam and will also produce the Mazda2 and Mazda3 in a new factory it is building in Mexico.

Today, the Japanese company announced that it has signed a Memorandum of Understanding (MoU) with OJSC Sollers for the establishment of a new joint venture plant in Russia.

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