TagAZ has started delivering its first low-cost sedans under the TAGAZ C10 brand to dealers, the company said according to Prime-Tass.
The TAGAZ C10 car is jointly produced by TagAZ and Chinese automobile producer Jianghuai Automobile Co (JAC).
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The car, with standard specifications, is expected to be priced at no more than US$12,500, the automaker added.
Established in 1997, Rostov region-based TagAZ has produced Hyundai vehicles under licence from South Korea’s Hyundai Motors since 2001.
It started car production under its own brand in 2009 noted Prime-Tass.
