Chinese Trucks to Be Assembled in Russia Jointly with ZIL
MOSCOW, December 26. /FIS/ Sinotruk, China's largest producer of trucks and AMA ZIL signed an agreement on the establishment of a JV in Russia to be called HOWO-ZIL and engaged in the assembling and sales of heavy HOWO trucks in Russia. HOWO sales are projected at 7 thousand in 2008. Sinotruk entered the Russian market at the beginning of 2007. Since then it has developed over 30 service centers across the country. Note that recently KamAZ announced that it would try to make the government introduce the ban on the import to and operation of Chinese heavy trucks in Russia as they do not conform to Russian GOSTs.
Source: Finmarket.-
|