VIENNA â€“ OOO Avtomobilnaya Kompaniya Derways, the small Russian auto maker based in Cherkessk, will begin building Chinese-made Chongqing Lifan Industry (Group) Co. Ltd. cars from complete-knocked-down kits. The company launched assembly of the Lifan 520, called the Lifan Breez in Russia, from semi-knocked-down kits in 2007. Derways built 7,179 Lifan Breez cars last year, including 7,068 sedans and 111 hatchbacks. However, the sizable import-tax hike introduced on complete car bodies ...
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