Mazda says to study Russia joint venture with Sollers

Newswire

TOKYO, Nov 26 (Reuters) - Mazda Motor Corp said on Saturday it has agreed with Russian car maker Sollers to consider forming a joint venture to produce Mazda cars in Vladivostok for the promising Russian market. The Japanese automaker said in a statement the two companies signed a memorandum of understanding (MOU) for the proposed plan as it aims to push further into emerging markets. Mazda sold 28,000 vehicles in Russia between January and September this year, making the country its ...

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