OAO, Russia’s second largest vehicle maker, is considering exporting cars and light commercial vehicles to Panama.
The company was approached by a delegation of Grupo Melo S.A., a Panama-based consortium of companies, during its visit to the Nizhniy Novogord region. The delegation, headed by Grupo Melo President Arturo Melo, visited theplant.
Grupo Melo already has some involvement in the auto industry. One of its member companies distributesMotors Ltd. SUVs and commercial vehicles.