Honda Motor Co. Ltd. establishes a wholly owned Russian subsidiary, Honda Motor RUS LLC, in Moscow to cater to the expanding Russian market. The new operation will be responsible for strengthening Honda’s sales operations as well as overseeing logistics, service, advertising and public relations functions, says Honda. Honda invested 30 million rubles ($1 million) in the subsidiary, which employs about 30. The Japanese auto maker expects Russian auto sales of 4,800 units this year, a ...

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