Third Chinese automaker may enter Russian market


MOSCOW, Aug 30 (Reuters) - A third Chinese carmaker, Great Wall Automobile , plans to start assembling cars in Russia, rivalling South Korean and Japanese producers already operating on the fast-growing market, media reported on Tuesday. The company plans to produce sport utility vehicles and target the same segment as the South Korean SsangYong models that Russian holding company Severstal-Avto is due to assemble, Vedomosti business daily said. Russia's car market is booming, fuelled by ...

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