Volkswagen said on Monday it has yet to make final plans regarding the opening of a production plant in Russia, the Associated Press (AP) reported.

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The company told AP it was still examining its options in the country after German auto industry weekly Automobilwoche reported on Monday that the Wolfsburg-based car maker, Europe’s biggest, wanted to build an assembly plant near Moscow by 2007.


The Associated Press noted that VW has made no secret of its desire to have a plant in Russia, in part to take advantage of the market there, but postponed any decision earlier this year.

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