Geely, China’s second largest private carmaker has inaugurated an assembly line in Russia’s Caucasus republic of Karachay-Cherkessia, as xinhuanet.com writes.
Last week, the Russian car company Derways has started performing operations like body welding and other assembling work for Geely vehicles. Geely’s output there is expected to reach 1,100 units by the end of next month, while the company targets an annual production of at least 12,000 units for this factory.
According to Xinhuanet, … (read more)