RUSSIA: GAZ continues expansion abroad, despite uncertain future
Russian automaker OAO GAZ is pursuing aggressive plans to shake its heavy dependence on domestic sales, despite a jolt to its future this month by corporate raider OAO Siberian Aluminium (Sibal). GAZ, currently relying on its home market for 90% of sales, announced it soon would start shipping kits of cars and light trucks for completion in Lithuania. The automaker now has 18 assembly projects in the former Soviet Union, spanning Belarus, Kazakhstan, Moldova and Ukraine. (Four are in Russia.)
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