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Production - Russia - Renault and Gaz Do Truck Engine Deal
Renault Trucks just did a licence deal with Russia's Gaz Group for the latter to make Renault 11 litre dCi 11 truck engines in Russia.Moscow,Russia -Wards Auto/TNN (UK) -27 June 2006: -- Gaz aims to use the engines in trucks, buses and construction equipment for the Russian market and Commonwealth of Independent States. The deal, worth a reported £315m also covers some manufacturing kit, tooling and training... The Russian firm also did a deal with Daimler Chrysler earlier this year to make two American models in Russia...
* Big first year profits for Gaz
Wards Auto reports that Gaz Group, Russia's largest auto maker just published its first consolidated financial results, showing a net profit of $114m for 2005...
* Russia's Gaz Group May Buy LDV
Moscow,Russia -TNN (UK) -26 June 2006: -- Sun Capital and Gaz Group confirmed that they are talking about Gaz buying Sun's Birmingham-based van maker LDV... "Manufacturing will stay in Birmingham," said Erik Eberhardson, president at Gaz Group...
posted by Unknown @ 12:48 PM
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