GAZ road-building unit in JV talks with Volvo

Newswire

By Anton Doroshev TVER, Russia, Feb 20 (Reuters) - Tverskoi Excavator, a unit of Russian car maker GAZ , is in talks with Sweden's Volvo about a possible joint venture to produce road-building equipment, a senior GAZ official said on Tuesday. "Talks with Volvo are going very well," Alexei Koromyslov, director of the special technology division at GAZ, told reporters. He said the company was also holding similar talks with other companies, but gave no other details. GAZ, owned by ...

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