VIENNA — The Russian and Czech governments have signed a letter of intent to build Skoda passenger cars in Russia with carmaker AO Izhmash located in Izhevsk. Skoda a.s. will hold a majority of the joint venture as well as management responsibility. The company plans to invest DM500 million (US$303 million) in the project, which could start production during the middle of this year with the assembly of Felicias. Several thousand cars could be assembled in 1999. Early next decade Skoda ...
Premium Content (PAID Subscription Required)
"Russian, Czech governments ink deal for Skoda cars" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.