Russia's GAZ to buy Daimler Chrysler engines

Newswire

MOSCOW, Jan 21 (Reuters) - Russia's second biggest car maker, GAZ , which suspended work after a local engine producer hiked prices, plans to buy 1,000 engines a month from Daimler Chrysler , a GAZ official said on Friday. Spokesman Oleg Gamov said the two sides had agreed to increase deliveries to 150,000 a year in two to three years. Negotiations have already been completed but there is still no date for signing a contract, he said, adding GAZ was interested in signing on as quickly as ...

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