FRANKFURT – Volkswagen AG is hopeful a decision is near to proceed with plans to build a passenger-car assembly plant in Russia. The project was to begin by year-end but was delayed when German Chancellor Gerhard Schroeder and Russian President Vladimir Putin were unable to reach an agreement over vehicle-part duties. The joint venture would build the VW Bora and Skoda Octavia models, with production of the Polo added in 2007. VW CEO Bernd Pischetsrieder says he met with the auto ...

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