VIENNA – Lada maker OAO AvtoVAZ has turned down a chance to buy General Motors Corp.'s engine plant in Bochum, Germany. The offer to sell the facility followed earlier talks between the two auto makers concerning a possible joint venture to manufacture engines, AvtoVAZ says in a statement. But the potential purchase deal proved to be a less attractive offer, Russia's largest auto maker says. “The board of directors decided to decline the proposal, as it is not equal to the project ...
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