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Russians Looking To Buy Diesel Manufacturer

Posted on March 15, 2006

According to Russia’s Prime-Tass news agency, a pair of manufacturers in Russia, GAZ and AVtoVAZ are looking to acquire an overseas small diesel engine manufacturer. Alexander Yushkevich, chairman of the board of directors of vehicle manufacturer GAZ, told a conference that no specific decision has been made, but that both companies need small diesel engines. GAZ is also seeking overseas vehicle manufacturing facilities, and is developing its own light truck model called Gazel 2.

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