Yo futuristic concept spearheaded JV’s publicity push.
VIENNA – Yo-Avto, the Russian joint venture owned by billionaire Mikhail Prokhorov’s Onexim Group and by Yarovit Motors, postpones the production launch of its hybrid-electric vehicles. Yo-Avto broke ground on a new factory in St. Petersburg in June 2011. Plans originally called for pilot production to begin in late 2012, with the first cars to be made in April 2013. The Yo Crossover was to be the first to enter volume production. Plans now call for output to start in ...
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