Volkswagen AG could be building cars in Russia by next year in the wake of supervisory board approval of a long-awaited expansion. The auto maker will set up a plant to build the Skoda Octavia and VW Gol models “as early as late 2007,” VW says in a statement. The site will launch production using semi-knocked-down (SKD) kits and progress to complete-knocked-down (CKD) kits. Components will be designed to reflect the needs of the Russian market, but they will be built outside the ...

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