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HomeMarketRussian carmaker Sollers to buy out Mazda's stake in Vladivostok joint venture...

Russian carmaker Sollers to buy out Mazda’s stake in Vladivostok joint venture By Reuters

© Reuters. FILE PHOTO: Employees work on the production line of the CX-5 model car at the Mazda Sollers Manufacturing Rus joint venture plant of Sollers and Japanese Mazda in Vladivostok, Russia September 10, 2018. Valery Sharifulin/TASS Host Photo Agency/Pool via R
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(Reuters) – Russian carmaker Sollers will buy out Japanese automaker Mazda’s 50% stake in their car assembly joint venture in Vladivostok, Sollers said on Thursday.

“We are preparing to restart the plant next year on a new model line-up,” a company spokeswoman said.

Story Credit: investing.com

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