South Korean car manufacturer Ssangyong Motor is planning to start the production of its off-road model Musso/Rexton in Russia, the company’s Russian partner, Severstal-Auto has said, according to the St Petersburg Times.
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Sales of SsangYong Motor’s 2001 model Rexton began in Russia in 2003.
Vadim Shvetsov, director of Severstal-Auto, announced that his company was due to build up a new production facility for the joint project in the near future.
Ssangyong will deliver and install machine-building equipment for the new production facility by September, 2005. Initially, it is expected that 10, 000 vehicles will be manufactured annually, with a planned increase in capacity of up to 25,000.
Severstal-Auto will act as Ssangyong Motor’s distributor in Russia, Shvetsov added. Possibly, with the agreement Severstal-Auto will also launch the production of other car makes in future, he said.
