Volvo, Russia's Sistema launch joint truck plant

Newswire

MOSCOW, March 20 (Reuters) - The world's second largest truck maker, Sweden's Volvo , and Russian holding Sistema on Thursday began truck production in a Moscow suburb. "Russia has become the 15th country where we have opened truck production," Lars Corneliusson, Volvo general director for Russia, told a news conference. "We expect the market to grow." He said the plant, in Zelenograd north of Moscow, would produce heavy towing vehicles and dump trucks. The new firm is 66-percent owned ...

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