Saturday, November 26, 2011

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

China isn’t the only market place exactly where carmakers are at the moment expanding. Mazda, for example, is already producing the Mazda2 in Vietnam and will also generate the Mazda2 and Mazda3 in a new factory it is constructing in Mexico.
Today, the Japanese firm announced that it has signed a Memorandum of Understanding (MoU) with OJSC Sollers for the establishment of a new joint venture plant in Russia.
OJSC Sollers is one of Russia’s biggest companies in the fields of car

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