Volkswagen says mulling factory in Russia

Newswire

FRANKFURT, Oct 23 (Reuters) - Europe's biggest carmaker Volkswagen AG said on Thursday it was looking in to setting up a plant in Russia and could reach a decision in the next few months. "We are looking at various possibilities," a VW spokesman said. "There is nothing specific as yet." He said there was great interest from various Russian authorities in having a plant built, but said that there were a number of regulatory hurdles to overcome. Russia is enjoying unprecedented economic ...

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